August 1, 2026·Bullish·institutional

BlackRock Clients Shift $60M from Bitcoin ETF to Ethereum ETF

BlackRock clients sold approximately $60 million of its IBIT spot Bitcoin ETF this week while buying over $20 million of its Ethereum ETF, per Arkham data, suggesting a rotation from Bitcoin to Ethereum.

Detected & updated continuously · Source: Nebula

Mentioned

Ethereum (eth)

Arkham (arkm)

Bitcoin (btc)

Sources

@BSCNews

Blackrock customers are dumping $BTC for $ETH !! According to @arkham, @Blackrock's clients have some $60M worth of the firm's $IBIT spot Bitcoin ETF this week... ... while buying up more than $20M worth of its $ETHA spot Ethereum ETF. @Ethereum's price performance has been https://t.co/csQxH6ojw8