Posteo
Alex E
Alex E
Just in: BlackRock clients offloaded a massive amount of crypto yesterday. On May 19, they sold 4,238 BTC worth $325.58 million at roughly $76,820 per BTC. At the same time, they moved 28,071 ETH valued at $59.37 million, with ETH around $2,115. This is a notable shift, but let's zoom out on the bigger picture. BlackRock's total IBIT Bitcoin holdings still sit at a staggering 807,052 BTC, worth about $63 billion. Their Ethereum holdings across ETHA and ETHB remain strong at 3.33 million ETH, valued at $7.20 billion. And here's a key detail many miss: BlackRock has 226,845 ETH staked, worth $480 million. That's a long-term commitment, not a short-term trade. Large outflows like this can create short-term noise, but the institutional conviction is clearly still there. Always watch the flows, not just the headlines.

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