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 operation. That signals a clear institutional accumulation pattern, even though Bitcoin remains the dominant headline story across the broader crypto market.
The move reflects ongoing institutional appetite for Ethereum exposure. It also shows that BlackRock continues to actively manage its digital asset positions rather than holding passively, adjusting allocations based on opportunity, valuation, and ongoing market conditions globally.
The post BlackRock Sells $230 Million in Bitcoin and Buys Ethereum: What Is Really Going On? appeared first on BeInCrypto.
Decentralized lending platform Morpho has secured $175 million in its latest funding round, highlighting the rise of curated lending vaults.
The Financial Conduct Authority proposed allowing some investment schemes to add exposure to crypto exchange-traded notes.
The geopolitical tensions highlight the vulnerability of crypto markets to global conflicts, underscoring the need for cautious investment strategies. The post Israel halts attacks on
The reopening of Iraq’s airspace signals potential stabilization, impacting global markets and investor sentiment, particularly in crypto sectors. The post Iraq reopens airspace after Iran
Blockchain Bodega is here and you know the vibes. We’re at the intersection of hip-hop culture and web3, exploring this new digital frontier. Who better to guide you through these uncharted lanes than Ock Chain – The Bitcoin Boss and the Consensus Corner Boys?
Ock Chain doesn’t just cook up random details about cryptocurrency; he lives it. Ock’s been deep in the game since Bitcoin was just a baby.
And let’s not forget about the Consensus Corner Boys. They’re our skilled crew of blockchain enthusiasts. They’re here to educate, entertain, and enlighten.
Welcome to Blockchain Bodega!
Copyright © 2023 Blockchain Bodega. All rights reserved.
