šŸ”„#BlackRock Big Crypto Update (Easy Summary)

šŸš€ BlackRock is getting more active in crypto — here’s what’s happening:

šŸ”ø Record Outflow:

BlackRock’s Bitcoin ETF (IBIT) saw a massive $523M withdrawal in one day.$BTC

BTC
BTC
70,360.93
+8.26%

šŸ”ø Huge Crypto Holdings:

BlackRock now holds over $100 billion in crypto — mostly Bitcoin & Ethereum.$ETH

ETH
ETH
2,057.8
+7.56%

šŸ”ø More Bitcoin, Less Ethereum:

They recently reduced ETH and added more BTC, showing stronger focus on Bitcoin.

šŸ”ø New ETH Staking ETF Coming:

BlackRock filed for ā€œiShares Staked Ethereum Trustā€ — meaning an ETF that gives staking rewards. (Still waiting for SEC approval#BlackRock #BlackRockCrypto BlackRockBitcoin

#IBIT #ETFNews