BlackRock’s Ethereum purchase News broke on April 26, 2025, at approximately 10:30 AM UTC, that BlackRock, the world’s largest asset manager, had purchased $54 million worth of Ethereum (ETH). This signaled a significant institutional shift into the bitcoin market, attracting traders and investors from around the world simultaneously. Given Ethereum’s pivotal position in the distributed finance (DeFi) and innovative contract ecosystems, the acquisition demonstrates growing confidence in the long-term viability of the cryptocurrency.
ETH Jumps on Volume Surge
According to CoinMarketCap statistics, ETH was trading at $3,245.67 on Binance at the time of release, experiencing a 4.7% increase within the hour following the news. At big exchanges like Binance and Coinbase, trading volume jumped by 28%. For the ETH/USDT pair around 11:30 AM UTC, Binance specifically noted a 24-hour volume of $2.1 billion.
On-chain data bolstered market hope. Reported by Glassnode at noon UTC, Ethereum wallet addresses holding over 1,000 ETH climbed by 3.2% in the past 24 hours. Based on Etherscan statistics at 12:15 PM UTC, ETH staking activity likewise peaked with over 32.5 million ETH staked—roughly 27% of the total supply. Particularly pertinent for those following Ethereum price prediction trends and institutional crypto adoption in 2025, these numbers demonstrate significant institutional confidence and growing network involvement.
ETH Surge After BlackRock Buy
The ETH purchase by BlackRock also had clear trading ramifications. The ETH/BTC pair on Kraken rose 3.9% to reach 0.052 BTC shortly after the news leaked, thereby demonstrating Ethereum’s relative strength against Bitcoin during the spike. Profiting from growing momentum and an optimistic attitude, traders immediately saw opportunities to go long on ETH/USDT or ETH/BTC combinations. Markets for ETH derivatives matched this fervour. Open interest in ETH futures on Deribit surged to $1.8 billion by 1:00 PM UTC—a 15% increase in a few hours.
Beyond ETH, the knock-on effects included allied altcoins. By 1:30 PM UTC, Polygon (MATIC) and Arbitrum (ARB) respectively acquired 2.5% and 3.1%. Since Ethereum supports numerous AI-driven distributed applications, this momentum has also driven the growth of the AI crypto market. Recording gains of 1.8% and 2.2% by 2:00 PM UTC, Render Token (RNDR) and Fetch.ai (FET) achieved this indirect advantage. This change in market attitude reflects a shifting perspective on the prospects for artificial intelligence in crypto trading, connected to Ethereum’s increasing application scenarios.
Ethereum Breakout and AI Token Surge
From a technical standpoint, the Ethereum Price Surge post-buy behaviour gave obvious clues. Based on TradingView data, ETH/USDT broke past the $3,200 resistance level—a significant psychological barrier—by 3:00 PM UTC and headed toward the 50-day moving average at $3,280. By 3:30 PM UTC, the Relative Strength Index (RSI) rose to 68, indicating almost overbought circumstances but still giving room for upward price activity. By 4:00 PM UTC, Coinbase’s trading data showed a 35% rise in 24-hour volume, equating to $1.3 billion for ETH/USD.
Data from IntoTheBlock verified that, at the $3,245 price level, 62% of ETH holders were in profit, therefore lowering expected sale pressure and enabling a possible continuation of the climb. On Binance, AI tokens also showed higher trading volumes; RNDR and FET pairs rose by 12% and 9%, respectively, by 4:30 PM UTC. These movements highlight the interactions between Ethereum and blockchain initiatives utilising artificial intelligence.
Ethereum’s 2025 Outlook
High trading volume, combined with a rising RSI and institutional investment, produces a strong bullish signal for traders following Ethereum technical analysis or seeking crypto market indications in 2025. The action of BlackRock’s Ethereum purchase could very well motivate similar investments in ETH and related cryptocurrencies. This could be crucial not only for Ethereum price prediction models but also for the overall confidence in the crypto space.
