BlackRock Clients Withdraw $202 Million From Bitcoin ETF to Fuel Ethereum

utoday07-24 09:15

Clients of financial giant BlackRock have begun reallocating their crypto assets, with investors pulling $202.48 million, or about 3,130 BTC, from the flagship iShares Bitcoin Trust (IBIT) in a single...

Source Link

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/2654056284?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2026-07-24 09:15","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2654056284","market":"fut","top_or_hot":-1,"title":"BlackRock Clients Withdraw $202 Million From Bitcoin ETF to Fuel Ethereum","media":"utoday","content":"<div>\n<p>Clients of financial giant BlackRock have begun reallocating their crypto assets, with investors pulling $202.48 million, or about 3,130 BTC, from the flagship iShares Bitcoin Trust (IBIT) in a single...</p>\n\n<a href=\"https://u.today/blackrock-clients-withdraw-202-million-from-bitcoin-etf-to-fuel-ethereum\">Source Link</a>\n\n</div>\n","source":"utodaynews_highlight","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>BlackRock Clients Withdraw $202 Million From Bitcoin ETF to Fuel Ethereum</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nBlackRock Clients Withdraw $202 Million From Bitcoin ETF to Fuel Ethereum\n</h2>\n\n<h4 class=\"meta\">\n\n\n2026-07-24 09:15 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://u.today/blackrock-clients-withdraw-202-million-from-bitcoin-etf-to-fuel-ethereum><strong>utoday</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Clients of financial giant BlackRock have begun reallocating their crypto assets, with investors pulling $202.48 million, or about 3,130 BTC, from the flagship iShares Bitcoin Trust (IBIT) in a single...</p>\n\n<a href=\"https://u.today/blackrock-clients-withdraw-202-million-from-bitcoin-etf-to-fuel-ethereum\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"EETH","symbol_name":"以太币期货ETF-ProShares","start_time":0,"source_url":"https://u.today/blackrock-clients-withdraw-202-million-from-bitcoin-etf-to-fuel-ethereum","article_id":"2654056284","we_media_id":null,"thumbnails":[],"rights":{"source":"utodaynews_highlight","url":"https://u.today/blackrock-clients-withdraw-202-million-from-bitcoin-etf-to-fuel-ethereum","rn_cache_url":null,"directOrigin":true},"url":"https://stock-news.laohu8.com/highlight/detail?id=2654056284","pubTimestamp":1784855700,"columns":[],"sourceInfo":{"source_id":"utodaynews_highlight","name":"u.today"},"weMediaInfo":null,"summary":"Clients of financial giant BlackRock have begun reallocating their crypto assets, with investors pulling $202.48 million, or about 3,130 BTC, from the flagship iShares Bitcoin Trust (IBIT) in a single","collect":0,"end_time":0,"defaultTopTitle":"u.today","property":[],"viewcount":null,"language":"en","relate_stocks":{"EETH":"以太币期货ETF-ProShares","ETHT":"ProShares Ultra Ether ETF","BETE":"等权重比特币&以太币期货ETF-ProShares","ETU":"T-Rex 2X Long Ether Daily Target ETF","ETTY":"Amplify Ethereum 3% Monthly Option Income Etf","BTCW":"比特币ETF-Wisdom Tree","ETHU":"2倍以太币期货ETF-Volatility Shares","BITB":"比特币ETF-Bitwise","BETH":"比特币&以太币期货ETF-ProShares","CETH":"以太坊ETF-21Shares","OOQB":"One+One Bitcoin and Ether ETF","ETHV":"以太坊ETF-VanEck","09008":"博时比特币-U","STCE":"Schwab Crypto Thematic ETF","BEGS":"RAREVIEW 2X BULL CRYPTOCURRENCY & PRECIOUS METALS ETF","ETHW":"以太坊ETF-Bitwise","09009":"博时以太币-U","ETH":"低成本以太坊ETF-Grayscale","VBTC.AU":"Vaneck Bitcoin Etf","GBTC":"比特币ETF-Grayscale","BITO":"比特币期货ETF-ProShares","LFGY":"YieldMax Crypto Industry and Tech Portfolio Option Income ETF","ETHA":"以太坊ETF-iShares","DEFI":"比特币期货ETF-Hashdex","BITQ":"Bitwise Crypto Industry Innovators ETF","GDLC":"Grayscale CoinDesk Crypto 5 ETF","BTF":"比特币&以太币期货ETF-CoinShares","09179":"嘉实以太币-U","FBTC":"比特币ETF-Fidelity","EZBC":"比特币ETF-Franklin","ETHD":"ProShares UltraShort Ether ETF","FETH":"以太币ETF-Fidelity","CRPT":"First Trust SkyBridge Crypto Industry and Digital Economy ETF","YETH":"Roundhill Ether Covered Call Strategy ETF","BKCH":"AdvisorShares Sabretooth ETF","ARKY":"ARK 21SHARES ACTIVE BITCOIN ETHEREUM STRATEGY ETF","ETHE":"最大以太坊ETF-Grayscale","BTYB":"VistaShares BitBonds 5 Yr Enhanced Weekly Distribution ETF","IBIT":"比特币ETF-iShares","EZET":"以太坊ETF-Franklin","BITW":"Bitwise 10 Crypto Index ETF","AETH":"以太坊策略ETF-Bitwise","09042":"华夏比特币-U","FDN":"First Trust Dow Jones Internet I","BLK":"贝莱德","IBIT.AU":"iShares Bitcoin ETF/Australia","09046":"华夏以太币-U","09439":"嘉实比特币-U","QETH":"以太坊ETF-Invesco Galaxy"},"translate_title":"贝莱德客户从比特币 ETF 提取 2.02 亿美元以推动以太币","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"ETHV":1.5,"BKCH":1.5,"ARKY":1.5,"ETHE":1.5,"BITB":1.5,"BTYB":1.5,"LFGY":1.5,"OOQB":1.5,"BEGS":1.5,"09179":1.5,"BITW":1.5,"IBIT":1.5,"AETH":1.5,"DEFI":1.5,"BTCW":1.5,"CRPT":1.5,"EETH":1.5,"ETHW":1.5,"09008":1.5,"09042":1.5,"GBTC":1.5,"FDN":1.5,"GDLC":1.5,"QETH":1.5,"IBIT.AU":1,"BTF":1.5,"09046":1.5,"ETH":1.5,"EZET":1.5,"BETE":1.5,"BITO":1.5,"FBTC":1.5,"EZBC":1.5,"ETU":1.5,"VBTC.AU":1.5,"09009":1.5,"METHmain":1.5,"CETH":1.5,"BETH":1.5,"ETHT":1.5,"ETHD":1.5,"FETH":1.5,"ETHA":1.5,"STCE":1.5,"BITQ":1.5,"ETTY":1.5,"BLK":1.5,"09439":1.5,"YETH":1.5,"ETHU":1.5},"content_text":"Clients of financial giant BlackRock have begun reallocating their crypto assets, with investors pulling $202.48 million, or about 3,130 BTC, from the flagship iShares Bitcoin Trust (IBIT) in a single trading day, according to SoSoValue. The move ended the fund's recent inflow streak and forced the issuer to sell cryptocurrency to cover redemptions, while total net outflows across the entire spot Bitcoin ETF market reached $225.18 million.However, the withdrawals do not look like an exit from the industry. Instead, institutional capital began flowing into spot Ethereum ETFs, which recorded net inflows of $26.32 million. One of the main beneficiaries of this shift was BlackRock itself, whose ETH fund attracted an additional $11.39 million.iShares Bitcoin Trust (IBIT) performance in light of BTC price action, Source: SoSoValueThe real news is not the outflow itself, but how the market reacted to it. Despite BlackRock clients withdrawing hundreds of millions of dollars, the Bitcoin price declined by only 1% and remained firmly above $65,400.On the same day, the U.S. stock market suffered a severe technology-sector sell-off that erased $800 billion from the market capitalization of major IT companies. The fact that Bitcoin ignored the panic in equities and held above $65,400 points to its growing independence from the traditional market.Where did the money go?As investors shifted toward Ethereum, fund flows were distributed as follows:BTC sell-off: In addition to BlackRock, Bitwise's BITB closed the day with $7.03 million in outflows, Fidelity's FBTC lost $5.64 million, and ARK 21Shares' ARKB recorded $4.30 million in withdrawals. The only fund to move against the trend was Morgan Stanley's MSBT, which attracted a modest $5.01 million.Bet on Ethereum: Investors added capital to ETH funds, with Fidelity leading the inflows at $14.93 million, followed by BlackRock with $11.39 million. This supports the view that large investors are carrying out a controlled rotation of capital within their portfolios.What comes next: two views on $65,400The current period of calm has divided the analyst community into two camps. Optimists describe the price stability as a \"reaccumulation zone\" ahead of another move higher, noting that Bitcoin remains far above the critical average institutional purchase price of $53,000.Skeptics, however, warn that if outflows from Bitcoin ETFs continue, buyers may simply lack the strength to maintain support, potentially opening the way for a deeper decline.Despite this local portfolio adjustment by clients, BlackRock's position remains rock-solid. IBIT continues to manage more than $60 billion, while total inflows into all spot Bitcoin ETFs since their launch have exceeded $51.63 billion.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":false,"editions":null,"column":"","sentiment":"0","news_tag":"shareholding","news_rank":0,"isVideo":false,"video":null,"symbols":[],"gpt_button":0,"need_auth":false,"need_login_tip":false,"code":"91000000","status":"200"},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"isLaohu8Offline":false,"tenantId":"TBGLOBAL","deviceId":"web-server-community-laohu8-v3","version":"4.46.0","shortVersion":"4.46.0","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2654056284","isCrawlerRequest":true}