BlackRock: Sells 3,671 BTC, Buys 10,566 ETH | Flash News Detail | Blockchain.News
Latest Update
6/9/2026 12:31:00 PM

BlackRock: Sells 3,671 BTC, Buys 10,566 ETH

BlackRock: Sells 3,671 BTC, Buys 10,566 ETH

BlackRock sold 3,671 BTC worth $230M and purchased 10,566 ETH for $17.71M via IBIT and ETHA ETFs on June 9, 2026.

Source

Analysis

BlackRock sold 3,671 BTC valued at $230M while acquiring 10,566 ETH for $17.71M through its iShares Bitcoin Trust and Ethereum Trust ETF vehicles.

The move aligns with observed shifts in institutional allocations between spot Bitcoin and Ethereum products over the past year.

BTC trades at $62446.99 inside its Bollinger Bands with upper resistance at $64452.78. Price sits below the EMA50 at $64789.74 and well under the EMA200 at $71912.56, confirming the bearish structure. MACD shows a bullish golden cross at -259.51 while RSI at 44.35 remains neutral, suggesting a potential test of lower band support near $60348.36 before any sustained recovery.


Lookonchain

@lookonchain

Looking for smartmoney onchain