BlackRock Sells $212 Million in Bitcoin and $52.8 Million in Ether
BlackRock sold $212.2 million in bitcoin and $52.8 million in ether, according to recent ETF flow data. The transaction marks a distinct shift for the world’s largest asset manager, which had recently led spot funds into a consecutive week of positive inflows across both crypto assets.
The sale coincides with a broader reallocation in markets on July 24, when spot bitcoin funds reported a $225.2 million net outflow that ended a seven-day inflow streak. Meanwhile, ether funds recorded a $26.3 million inflow, as bitcoin traded near $65,400 and ether settled around $1,890.
From the sources (11 posts)
@theblockcoTHE BLOCK: Bitcoin holds above $65,000 as spot ETFs log a sixth straight day of inflows, drawing roughly $779 million since July 13. Analysts put the next test for bitcoin:native at $68,000, where five months of underwater buyers hit break
@bitcoinmagazineJUST IN: 🇺🇸 Spot Bitcoin ETFs have brought in $930.2 million inflows over the last 6 days 👀 Bullish 🚀
@lookonchainJuly 22 Update: #Bitcoin ETFs: 1D NetFlow: +3,078 $BTC(+$202.63M)🟢 7D NetFlow: +11,460 $BTC(+$754.46M)🟢 #Ethereum ETFs: 1D NetFlow: +19,682 $ETH(+$38.12M)🟢 7D NetFlow: +70,177 $ETH(+$135.93M)🟢
@coinmarketcapLATEST: 📈 US spot Bitcoin ETFs have logged six straight days of inflows, pulling in $930M over the streak, their longest run since April.
@wublockchainBitcoin ETFs Record Longest Inflow Streak Since Early May Bitcoin ETFs recorded six consecutive days of net inflows from July 14 to 21, marking the longest inflow streak since early May after heavy outflows throughout May and June. Cumulat
@wublockchainAccording to SoSoValue, U.S. spot Bitcoin ETFs recorded total net inflows of USD 68.99 million on July 23, led by BlackRock’s IBIT with USD 38.78 million. Spot Ethereum ETFs drew USD 72.64 million, with BlackRock’s ETHA posting the largest
@theblockcoTHE BLOCK: Spot bitcoin ETFs saw nearly $69M in net inflows on Wednesday, marking their seventh consecutive day of positive flows. Spot ether ETFs recorded $72.6M in inflows. bitcoin:native fell 1.1% over the past 24 hours to $65,537, whil
@cointelegraph🇺🇸 ETF FLOWS: ETH spot ETFs saw net inflows on July 23, while BTC spot ETFs saw net outflows. BTC: -$225.18M ETH: $26.32M
@theblockcoTHE BLOCK: U.S. spot Bitcoin ETFs snapped a seven-day inflow streak with $225.2 million in net outflows on Thursday, while spot Ether ETFs added $26.3 million. Bitcoin was little changed at $65,400, while Ether traded near $1,890. https://
@coindeskMARKETS: U.S. spot $BTC ETFs saw $225M in net outflows on July 23, snapping a six-day inflow streak. Spot $ETH ETFs bucked the trend with $26.32M in inflows.
@cryptoroverBREAKING: BlackRock sells $212,200,000 worth of $BTC and $52,800,000 worth of $ETH.