BlackRock Dumps Bitcoin for Ethereum Amid Crypto Market Turmoil

TLDR BlackRock sold over $28 million worth of Bitcoin during a sharp decline in the crypto market. The firm bought more than $45 million in Ethereum shortly after selling its Bitcoin holdings. BlackRock’s iShares Bitcoin Trust recorded a $29.46 million outflow in a single day. The iShares Ethereum Trust saw a $46.9 million inflow which [...]

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