May 8, 2025

BlackRock sold BTC and bought ETH; what does this mean for the markets?

1 min read

LookOnchain revealed that BlackRock sold 182 Bitcoin worth $11.34 million. The analytics firm added that the BlackRock hedge fund currently holds over 369,640 BTC. They also highlighted that BlackRock bought 7,574 Ethereum and currently holds 414,168 Ethereum worth $1.01 Billion.

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Source: Cryptopolitan

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