BlackRock sells Ethereum, buys $366M in Bitcoin ETFs
BlackRock shifted $366 million into Bitcoin through ETFs after reducing its Ethereum holdings. According to data from Arkham Intelligence and SoSoValue, the company’s iShares Bitcoin Trust (IBIT) recorded net inflows of $366.2 million, while the iShares Ethereum Trust (ETHA) saw net outflows of $17.39 million.
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