February 27, 2026

BlackRock Clients Offload $117.4M in Bitcoin, $45.6M in Ethereum

How Bitcoin Is Taxed in the United States

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.

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