BlackRock clients have sold $117.44 million in Bitcoin and $45.62 million in Ethereum, a notable rebalancing of holdings by institutional investors. This shift comes as asset managers like BlackRock are enhancing mainstream access to cryptocurrencies through regulated investment vehicles, amidst a regulatory environment under President Trump’s administration that has focused on digital asset innovation.
BlackRock Clients Offload $117.4M in Bitcoin, $45.6M in Ethereum
