A wallet linked to BlackRock has loaded up with 27,722 BTC (about $2.2 billion) and 385,633 ETH (roughly $972 million) over the past eight trading days. On-chain data shows these hefty buys went into the two biggest crypto assets: Bitcoin and Ethereum.

What We Know About the Buys

During this eight-day stretch, the address associated with BlackRock racked up 27,722 BTC and 385,633 ETH. That’s around $3.17 billion in total—about $2.2 billion in Bitcoin and $972 million in Ether, based on current price estimates. This activity all happened in just eight trading days.

Context: ETF Inflows Fuel the Action

ETF inflows have been ramping up lately. Against this backdrop, the BlackRock-linked address saw major incoming flows in both BTC and ETH during the period. There’s no extra info yet on the structure or purpose behind these buys.