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via BeInCrypto · By BeInCrypto Editorial
BlackRock Sells $230 Million in Bitcoin and Buys Ethereum: What Is Really Going On?
BTC
BTC/USDT
$79,700.81
+0.37%
$79,700.81
+0.37%
(24s)24h Volume
$11,368,053,267.56
24h H/L
$79,877.07 / $78,660.00
Change: $1,217.07 (1.55%)
Long/Short
52.9%
Long: 52.9%Short: 47.1%
Funding Rate
-0.0008%
Shorts pay
Data provided by COINOTAG DATALive data
BE
BeInCrypto Editorial(01:18 PM UTC)
1 min read
BlackRock sold 3,671 BTC worth roughly $230 million and bought 10,566 ETH worth about $17.71 million in a notable on-chain rebalancing move.
The shift lands during one of the most volatile stretches of 2026 for both Bitcoin and Ethereum, with heavy ETF outflows hitting BlackRock’s flagship products.
The Ethereum purchase pushed total ETH inflows above 10,000 ETH for the linked wallet during the…
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