BlackRock Allocates $366M from Ethereum to Bitcoin

BlackRock Allocates $366M from Ethereum to Bitcoin

Key Points:

  • BlackRock shifts $151M Ethereum to $290M Bitcoin.
  • Institutional investors eye Bitcoin over Ethereum.
  • Ethereum price drops 3.29% due to BlackRock move.

BlackRock, the world’s largest asset manager, sold $151 million in Ethereum and purchased $290 million in Bitcoin on September 3, 2025, according to on-chain analytics.

BlackRock’s Strategic Shift

BlackRock made a notable shift in its cryptocurrency holdings, highlighting a new strategy among institutional investors. The firm utilized its iShares Bitcoin Trust and Ethereum Trust for this large-scale trade.

The recent asset allocation involved BlackRock selling $151M in Ethereum and buying $290M in Bitcoin, marking a shift in strategic priorities for institutional investment. This transition reflects broader trends in institutional asset management.

Arkham Intelligence, Analytics Provider: “BlackRock sold $151.4M $ETH and bought $289.8M of $BTC.”

The move resulted in an immediate 3.29% decline in Ethereum prices. Bitcoin, despite inflows, also saw a 2.09% dip, highlighting market volatility. This underscores the impact of significant institutional trades on market dynamics.

BlackRock’s $58 billion Bitcoin ETF now leads the market, while Ethereum holdings decreased significantly. This reflects a growing institutional preference towards Bitcoin over Ethereum, potentially influencing future crypto strategies within financial institutions.

Market and Regulatory Dynamics

Regulatory and market dynamics remain key influencers as BlackRock’s shift illustrates the evolving landscape of crypto asset management. Historical data suggests a potential rise in Bitcoin investments while presenting challenges for Ethereum and related sectors.

Disclaimer:

The content on nftenex.com is provided for informational purposes only and should not be considered financial or investment advice. Cryptocurrency investments carry inherent risks. Please consult a qualified financial advisor before making any investment decisions.