#BlackRocks #BTC #ETH #selling
๐จ BlackRock Is Selling BTC & ETH โ Major Outflows Detected
BlackRock โ the $13T asset-management giant โ appears to be selling or liquidating significant amounts of BTC and ETH from its ETFs.
Recent on-chain data shows hundreds of millions of dollars in BTC and ETH being moved from BlackRockโs ETF wallets (IBIT & ETHA) into Coinbase Prime, which is typically used for executing large sales.
These transfers match ETF outflows, suggesting BlackRock is offloading crypto to meet redemptions or rebalance. Given BlackRockโs scale, this activity could add downward pressure on the crypto market in the near term.



