š„#BlackRock Big Crypto Update (Easy Summary)
š BlackRock is getting more active in crypto ā hereās whatās happening:
šø Record Outflow:
BlackRockās Bitcoin ETF (IBIT) saw a massive $523M withdrawal in one day.$BTC

BTC
78,120
+2.96%
šø Huge Crypto Holdings:
BlackRock now holds over $100 billion in crypto ā mostly Bitcoin & Ethereum.$ETH

ETH
2,306.92
+4.49%
šø More Bitcoin, Less Ethereum:
They recently reduced ETH and added more BTC, showing stronger focus on Bitcoin.
šø New ETH Staking ETF Coming:
BlackRock filed for āiShares Staked Ethereum Trustā ā meaning an ETF that gives staking rewards. (Still waiting for SEC approval#BlackRock #BlackRockCrypto BlackRockBitcoin