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Tag: institutional investors reassess

BlackRock Shifts Focus from Bitcoin to Ethereum Amid Crypto Market Crash

TLDR BlackRock deposited $28. 36M in Bitcoin and withdrew $45. 47M in Ethereum. Ethereum-based funds see increasing institutional interest amid Bitcoin outflows. Over $1 billion in liquidations hit the crypto market in the past 24 hours. Ethereum’s open interest decreases, suggesting stability despite market turmoil. In a surprising move amid a volatile crypto market, BlackRock has adjusted [.] The post BlackRock Shifts Focus from Bitcoin to Ethereum Amid Crypto Market Crash appeared first on CoinCentral.