BlackRock has executed a significant cryptocurrency transaction, selling $151.4 million worth of Ethereum (ETH) and purchasing $289.8 million worth of Bitcoin (BTC), according to Arkham data. This move reflects a strategic shift, with the amount of BTC acquired being nearly double the value of ETH sold. The transaction highlights BlackRock's increasing focus on Bitcoin as part of its digital asset strategy.
BlackRock Sells $150M in ETH, Buys $300M in BTC
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