BlackRock moves $213M in Bitcoin and $118M in Ethereum as ETF redemptions bite

The world's largest asset manager offloaded a combined $331.51 million in crypto, a pattern tied to investor withdrawals from its spot ETFs BlackRock sold $213.23 million in Bitcoin and $118.28 million in Ethereum , according to a post on X tracking the asset manager’s crypto activity. The two figures break down cleanly. Bitcoin accounted for $213.23 million of the activity, while Ethereum made up $118.28 million. That brings the combined total to $331.51 million. Bitcoin represented the larger share, which tracks with how BlackRock’s crypto business is structured.