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KEY TAKEAWAYS
KEY TAKEAWAYS
- BlackRock added Bitcoin and Ethereum for three straight days via its ETFs.
- On-chain transfers point to ongoing ETF inflows or rebalancing.
- The activity signals sustained institutional demand.
BlackRock’s exchange-traded fund (ETF) machine is still pulling in cryptocurrency, as it has been accumulating Bitcoin (BTC) and Ethereum (ETH) for three straight days.
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According to data shared by blockchain and cryptocurrency analytics platform Lookonchain in an X post on January 8, BlackRock has added a combined 9,619 BTC (about $878 million) and 46,851 ETH (about $149 million) over the stretch.
The activity points to ongoing demand funneling into BlackRock’s flagship crypto products, with transfers showing Coinbase Prime wallets moving BTC into IBIT and ETH into ETHA, the operational plumbing that often sits behind ETF creations and inventory management.
What The Transfers Suggest
The pattern of repeated, similarly sized transfers, especially from Coinbase Prime to BlackRock-linked ETF entities, typically lines up with new ETF share creation (authorized participants sourcing underlying assets) or rebalancing/custody operations tied to ongoing inflows.
Either way, Bitcoin and Ethereum supply is being absorbed, and it’s happening in size.
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The Bottom Line
Lookonchain’s data suggests BlackRock has been consistently adding BTC and ETH for three consecutive days, totaling 9,619 BTC and 46,851 ETH. This is a signal that ETF-driven accumulation may still be a major force in early 2026 market flows.
Bitcoin price today
Meanwhile, Bitcoin is currently changing hands at $90.186.66, which indicates a decline of 2.03% on the day, a 2.80% gain across the week, and an accumulated drop of 0.08% over the past month.
Ethereum price today
At the same time, Ethereum is trading at the price of $3,120.40, down 3.11% in the last 24 hours, up 4.66% on its weekly chart, having gained 0.39% in the previous 30 days, according to the most recent information.
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