Good News for $ETH !!!
BlackRock sold 3,671 $BTC worth roughly $230 million and bought 10,566 $ETH worth about $17.71 million in a notable on-chain rebalancing move. The shift comes during one of the most volatile stretches of 2026 for Bitcoin and Ethereum, according to BeInCrypto, as heavy ETF outflows hit BlackRock’s flagship products.
On June 1, iShares Bitcoin Trust (IBIT) lost $440.3 million, followed by $342.3 million on June 3, before a $47.66 million net inflow on June 4; BlackRock’s Ethereum ETF (ETHA) added $19.3 million that day.
Fasten your eth positions.