đ¨ JUST IN: BlackRock Clients Are Rotating Into Ethereum
On June 08, BlackRock clients sold approximately 3,671 BTC worth $232.92 million while accumulating 26,551 ETH worth $44.72 million.
đ Bitcoin Flow:
⢠-3,671 BTC (-$232.92M)
⢠Average Price: ~$63,448 per BTC
đ Ethereum Flow:
⢠+26,551 ETH (+$44.72M)
⢠Average Price: ~$1,684 per ETH
Current BlackRock Holdings:
đ Bitcoin (IBIT)
⢠767,182 BTC
⢠Total Value: ~$48 Billion
đľ Ethereum (ETHA + ETHB)
⢠3.17 Million ETH
⢠Total Value: ~$5.30 Billion
đ BlackRock ETH Staking:
⢠250,279 ETH Staked
⢠Value: ~$418 Million
Whatâs even more interesting is that BlackRock added another 23,261 ETH (~$39M) to its staked ETH position on June 08.
While retail investors remain focused on short-term price action, institutions continue building long-term positions.
The big question:
đ Is Ethereum preparing to outperform Bitcoin in the next phase of the market cycle?
đ Share your thoughts below.$BTC $ETH
#BlackRock #Ethereum #ETH #bitcoin #crypto #CryptoNews #BinanceSquare #Altcoins
On June 08, BlackRock clients sold approximately 3,671 BTC worth $232.92 million while accumulating 26,551 ETH worth $44.72 million.
đ Bitcoin Flow:
⢠-3,671 BTC (-$232.92M)
⢠Average Price: ~$63,448 per BTC
đ Ethereum Flow:
⢠+26,551 ETH (+$44.72M)
⢠Average Price: ~$1,684 per ETH
Current BlackRock Holdings:
đ Bitcoin (IBIT)
⢠767,182 BTC
⢠Total Value: ~$48 Billion
đľ Ethereum (ETHA + ETHB)
⢠3.17 Million ETH
⢠Total Value: ~$5.30 Billion
đ BlackRock ETH Staking:
⢠250,279 ETH Staked
⢠Value: ~$418 Million
Whatâs even more interesting is that BlackRock added another 23,261 ETH (~$39M) to its staked ETH position on June 08.
While retail investors remain focused on short-term price action, institutions continue building long-term positions.
The big question:
đ Is Ethereum preparing to outperform Bitcoin in the next phase of the market cycle?
đ Share your thoughts below.$BTC $ETH
#BlackRock #Ethereum #ETH #bitcoin #crypto #CryptoNews #BinanceSquare #Altcoins

