Odaily Planet Daily reports, according to Onchain Lens monitoring, BlackRock has cumulatively purchased and withdrawn 2,802.904 BTC, valued at approximately $223.41 million, and 6,580 ETH, valued at approximately $16.57 million, transferring them to its IBIT, ETHA, and ETHB ETF wallets.
BlackRock transfers $240 million worth of BTC and ETH to ETF wallets
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Summary
BlackRock has transferred 2,802.904 BTC ($223.41 million) and 6,580 ETH ($16.57 million) into its ETF wallets, including IBIT, ETHA, and ETHB, according to Onchain Lens. The BTC movement indicates a significant reallocation. The ETH update also highlights the transfer, with Ethereum assets being added in tandem with Bitcoin. The transfers were monitored in real time via on-chain analytics.
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