Finbold
2025-09-04 08:45:45

BlackRock makes a monster $400 million crypto move

Ethereum ( ETH ) exchange-traded funds ( ETFs ) saw remarkable adoption in August, drawing $3.87 billion in net inflows overall. However, institutional crypto strategies are shifting once again in favor of Bitcoin ( BTC ) as a digital hedge. Namely, on September 3, BlackRock unloaded $151.39 million worth of ETH while purchasing an additional $289.84 million worth of BTC, according to the data retrieved from SoSoValue . BlackRock ETH inflows. Source: SoSoValue Bitcoin ETFs dominating once again As mentioned, the move is not a one-off incident, but rather reflects a broader recalibration in institutional portfolios in a period of increasing macro uncertainty . Indeed, Bitcoin ETFs also recorded $332.7 million in net inflows on Tuesday, September 2, as well after losing around $751 million last month. The accumulation was again led by Fidelity and BlackRock, which reported $132.7 million and $72.8 million in additions. A key driver appears to be expectations around U.S. monetary policy, as traders increasingly bet on looming Federal Reserve rate cuts. According to crypto prediction platform Polymarket , odds of a rate cut in September now stand at 87% . At the time of writing, the world’s largest crypto fund holds $12.97 billion worth of Ethereum, which amounts to 3.10% of the cryptocurrency’s market share. At the same time, the fund controls nearly $84 billion in Bitcoin, or 3.76% of the asset’s total circulating supply. Featured image via Shutterstock The post BlackRock makes a monster $400 million crypto move appeared first on Finbold .

获取加密通讯
阅读免责声明 : 此处提供的所有内容我们的网站,超链接网站,相关应用程序,论坛,博客,社交媒体帐户和其他平台(“网站”)仅供您提供一般信息,从第三方采购。 我们不对与我们的内容有任何形式的保证,包括但不限于准确性和更新性。 我们提供的内容中没有任何内容构成财务建议,法律建议或任何其他形式的建议,以满足您对任何目的的特定依赖。 任何使用或依赖我们的内容完全由您自行承担风险和自由裁量权。 在依赖它们之前,您应该进行自己的研究,审查,分析和验证我们的内容。 交易是一项高风险的活动,可能导致重大损失,因此请在做出任何决定之前咨询您的财务顾问。 我们网站上的任何内容均不构成招揽或要约