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Posted: 2025-05-04 04:30:29 UTC
This article contains some claims that are falsified. While not everything in the article is false, please proceed with extreme caution and verify any critical information independently.
This article contains some claims that are falsified. While not everything in the article is false, please proceed with extreme caution and verify any critical information independently.
Status
Last Updated
2025-05-04 04:42:42 UTC
Verified By
Rollup News
BlackRock's BUIDL fund heavily favors Ethereum (ETH), allocating 92% ($2.7B) of its investments to ETH compared to smaller allocations to other blockchains. Despite ETH's lower revenue in April ($21M) compared to Tron ($51.7M), Hyperliquid ($42.9M), and Solana ($36.9M), BlackRock's significant ETH investment signals a strong belief in its future. Additionally, a large Bitcoin purchase and Hyperliquid's performance are noted.
BlackRock's significant investment in Ethereum.
BlackRock's BUIDL fund allocates a vast majority of its investments to Ethereum.
Disparity in investment allocation across different blockchains.
Ethereum's April revenue is lower compared to other blockchains like Tron and Solana.
Revenue performance of various blockchains in April.
BlackRock's BUIDL fund allocates a vast majority of its investments to Ethereum.
Significant Bitcoin purchase activity is observed.
Large Bitcoin purchase by BlackRock.
Ethereum's April revenue is lower compared to other blockchains like Tron and Solana.
Hyperliquid shows strong monthly performance.
Significant Bitcoin purchase activity is observed.
Hyperliquid shows strong monthly performance.
Ethereum's relatively lower revenue compared to other blockchains despite high investment.
Ethereum's relatively lower revenue in April compared to other blockchains.
Miners facing reduced profitability due to large Bitcoin purchases.
Miners facing reduced daily earnings.
Ethereum's relatively lower revenue in April compared to other blockchains.
Miners facing reduced daily earnings.