$561M Bitcoin Selloff: BlackRock Shifts Focus to Ethereum

June 4, 2025, 3:44 p.m. 1 week, 3 days ago

$561M Bitcoin Selloff: BlackRock Shifts Focus to Ethereum. BlackRock has liquidated $561 million in Bitcoin while acquiring $69 million worth of Ethereum, signaling a strategic institutional pivot amid shifting crypto market dynamics.


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Who, What & Where

Ethereum

Ethereum


Ethereum is the second biggest blockchain next to Bitcoin and transitioned from …

BlackRock

BlackRock


BlackRock, the world's largest asset manager, has exhibited a cautious yet evolving …