According to Crypto Rover on Twitter, BlackRock has purchased $77 million worth of Ethereum (ETH), signaling a significant rotation of institutional capital into utility-focused crypto assets (source: Crypto Rover, Twitter, June 4, 2025). This move reinforces Ethereum's growing appeal among large-scale investors seeking exposure beyond Bitcoin, potentially increasing market liquidity and encouraging further upward price momentum. Traders should monitor ETH price action and on-chain flows closely for confirmation of sustained institutional interest.