According to Farside InvestorsBlackRock’s Ethereum ETF bought $102.9 millions worth of ETH in January 2026. BlackRock, the world’s biggest asset manager, also purchased $287.4 million Bitcoin For its BTC ETF, on Jan. 2, 2020. This will mark its largest BTC single-day purchase in over three months. BlackRock’s purchases seem to have increased as the year begins. We’ll discuss if ETH will rise in price following BlackRock’s large purchase.
Ethereum rallys Amid BlackRock’s Big Purchase
BlackRock’s massive ETH investment coincides in the asset registering large gains across almost all time frames. According to CoinGecko dataEthereum’s price (ETH), has increased by 2.6% during the past day, 9.6% for 14-day charts and 6.6% since the beginning of last month. Despite the recovery, ETH is still 12.4% lower than it was in January 2025.
Ethereum (ETH)’s latest price rise could be attributed to an increase in ETF flows, as well as other bullish developments. Bitcoin (BTC), the most important crypto asset, is experiencing a significant rally in price. Bitcoin has now regained its $93,000 level. Ethereum’s price rally (ETH), could be attributed to a rise in investor confidence as we move into 2026. This rally has also been a result of the Bank of America allowing their advisors to suggest crypto assets to clients.
If the market remains positive, Ethereum (ETH), may continue its rally in the weeks to come. Grayscale, Bernstein and other experts predict that Bitcoin (BTC), will reach a new high by 2026. BTC’s new height could cause Ethereum (ETH) to grow significantly.
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The macroeconomic situation is still fragile. The crypto market could face new challenges if volatility increases. Ethereum (ETH)’s price may be affected by a downward correction if the market continues to feel pressure. Gold and silver have reached new highs in recent months due to the risk-averse tendency. Crypto market may suffer if trend doesn’t change.
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Source: watcher.guru
