BlackRock has significantly increased its holdings in Bitmine, a major Ethereum-focused digital asset company, as Ethereum's price has fallen nearly 60% from its peak. Despite market weakness causing notable sell-offs by industry pioneers and large declines in Bitmine's share price, major Wall Street firms like Goldman Sachs and BlackRock continue buying the dip. BlackRock remains optimistic about Ethereum’s future, emphasizing its dominance in tokenized asset ecosystems and ongoing leadership in blockchain innovation.