BlackRock hat innerhalb einer Woche fast 1 Milliarde US-Dollar dieser Kryptowährungen abgestoßen

tldr; BlackRock significantly reduced its cryptocurrency exposure, selling nearly $1 billion in Bitcoin and Ethereum ETFs in a week. The iShares Bitcoin Trust saw $522.4 million in outflows, while the iShares Ethereum Trust recorded $416.6 million in outflows. The largest single-day outflows occurred on January 21 for both funds. This sell-off coincided with a broader downturn in the crypto market, driven by macroeconomic uncertainty and declining investor sentiment, leading to price drops in Bitcoin and Ethereum.

*This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.

MSTR is buying all this supply anyway, doesn’t matter

Less clickbaity headline

„Customers of blackrock sold shares in crypto spot ETFs leading to blackrock BEING REQUIRED TO sell the underlying holdings … because that is how spot ETFs work and stuff“