BlackRock dumped $320 million of these cryptocurrencies in a week
Market / Price
BlackRock continued to reduce its exposure to the cryptocurrency market through its exchange-traded funds (ETFs) over the past week, amid broader volatility in financial markets. Indeed, on-chain data indicates that the world’s largest investment firm offloaded approximately $320 million from its Bitcoin and Ethereum ETFs. The bulk of the outflows came from BlackRock’s Bitcoin (BTC) ETF, which shed about $185.1 million across five trading sessions
BTC
ETH
Disclaimer: This content is provided via CryptoPanic and third-party sources. Tothemoon does not create, verify, or endorse this content and makes no guarantees as to its accuracy. The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. It is provided for informational purposes only and is not investment advice.
