BlackRock’s Portfolio Shift: Shifting Sands in Bitcoin and Ethereum?

BlackRock, the world’s leading asset manager, underwent a significant portfolio adjustment between May 30 and June 2, 2025. They sold $561 million worth of Bitcoin and bought $69 million worth of Ethereum through Coinbase Prime, demonstrating a shift in institutional sentiment towards Ethereum. This move was accompanied by increased ETF inflows, leading to the market dynamics shifts. 5,362 Bitcoin were sold and 27,241 Ethereum were purchased, signifying an increasing preference for Ethereum among institutional investors.