Update
BlackRock Sells Bitcoin and Ethereum from ETFs
The world's largest asset manager, BlackRock, has sold $213.23 million in Bitcoin and $118.28 million in Ethereum from its crypto exchange-traded funds (ETFs). The activity is tied to investor withdrawals from the spot ETFs, with Bitcoin accounting for the larger share. On-chain monitoring firms track these movements, which typically range from $200 million to more than $600 million on active trading days. BlackRock describes the sales as routine fund management responding to investor demand, not speculative trading or a directional bet against crypto.