These days, the market is once again buzzing with major news. The latest on-chain movements from the world's leading asset management firm BlackRock have attracted attention—they have been making large-scale crypto asset allocations in the short term.

According to on-chain data, BlackRock's recent operations are quite substantial. In Bitcoin, they have invested a total of $646.62 million in real funds, and they have also投入 $81.65 million into Ethereum. These two transactions alone total over $728 million. This is not a small-scale test—it's a serious heavy position.

For institutional funds, such allocation trends often reflect their long-term view of the value of digital assets. As the two largest public chains and core assets by market cap, BTC and ETH have always been the preferred targets for large capital. As a global asset management giant, BlackRock's every move influences the market—after all, this is market participation backed by real money, not just empty speculation.

Behind this move, it may also reflect traditional financial institutions' reassessment of their crypto asset allocation ratios. From skepticism and hesitation a few years ago to now directly building positions, the shift in institutional attitude itself indicates a significant change.