This BlackRock crypto acquisition is the best performer in last 90 days
This BlackRock crypto acquisition is the best performer in last 90 days 
Cryptocurrency Jul 29, 2025 Share
While BlackRock’s Bitcoin (BTC) and Ethereum (ETH) moves continue to draw the most attention, one of its lesser-known assets has been quietly stealing the spotlight.
According to wallet-tracking data on Arkham Intel, SPX6900 (SPX), a satirical meme coin poking fun at the S&P 500, is now the third-largest holding in the fund’s crypto portfolio, behind only BTC and ETH.
BlackRock crypto holdings. Source: Arkham
The meme coin surged to a new all-time high of $2.27 on Monday, July 28, becoming the number one coin in terms of performance in the past 90 days.
Even more impressively, SPX has soared more than 80,900,000% since its 2023 debut, and technical indicators still show strong momentum.
Top 100 coins performance over 90 days. Source: @0xSweep
SPX price analysis
SPX is currently trading at $2.13, down 5.89% in the past 24 hours but up just over 10% over the last week. With a market cap of $1.98 billion and around $94.28 million in daily trading volume, SPX6900 is now rated 52nd globally by market capitalization.
SPX 24-hour price. Source: Finbold
Technically, SPX is bullish, being above key Fibonacci support at $1.99, with its moving average convergence divergence (MACD) histogram remaining positive at +0.022.
However, the daily Relative Strength Index (RSI) sits at 73.06, suggesting overbought conditions.
Moreover, a breakdown below the $2.05 pivot could push SPX down toward the $1.93 support zone or lower.
Featured image via Shutterstock
