Just-In: BlackRock Is Selling Bitcoin and Buying Ethereum

BlackRock has shifted $130 million worth of Bitcoin while increasing its Ethereum holdings with a $69 million purchase. The movement took place between May 30 and June 2 and aligns with major outflows from BlackRock’s iShares Bitcoin Trust. Blackrock Bitcoin Withdrawals Trigger ETF Rebalancing On-chain data shows that BlackRock transferred 5,362 BTC to Coinbase Prime

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