April 25, 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.

Source

Previous Article

Bitcoin mining difficulty rebounds after storm dip

Next Article

Bitcoin’s realized profit/loss ratio falls, signaling market liquidity challenge

You might be interested in …

Binance SAFU Fund completes $1B Bitcoin accumulation

Bitcoin surges $5,284 to $69,420

Bitcoin’s value surged by $5,284, reaching $69,420 today. This significant increase is underscored by a shift in the U.S. regulatory environment towards more supportive cryptocurrency policies, reflecting growing optimism among investors. Additionally, there has been […]