BlackRock’s ETF Holdings Overtake Coinbase and Binance; Ethereum May Be Next

BlackRock’s ETF Holdings Overtake Coinbase and Binance; Ethereum May Be Next

In a defining adjustment to the crypto custody landscape of 2025, BlackRock has emerged as the preeminent institutional custodian for both Bitcoin and Ethereum, largely thanks to the expansion of its spot ETF holdings. This transformation underscores a shift toward regulated ETF structures over the traditional exchange custody model, driven by heightened institutional preference and regulatory clarity. Bitcoin: BlackRock’s ETF Leads the Pack ...

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