BlackRock Offloads $66M in BTC and ETH This Week
The post BlackRock Offloads $66M in BTC and ETH This Week appeared on BitcoinEthereumNews.com.
BlackRock sold $22.3M in Bitcoin and $44.41M in Ethereum as ETHA saw outflows while IBIT posted strong inflows. BlackRock completed notable cryptocurrency transactions this week as market conditions remained uncertain. The firm sold $22.3 million worth of Bitcoin and $44.4 million worth of Ethereum. These sales occurred during a period of ETF outflows, price pressure, and heightened derivatives activity. The moves drew attention because BlackRock remains a leading institutional holder of digital assets. Ethereum ETF Outflows and Trading Activity On January 22, BlackRock’s spot Ethereum ETF, trading under the ticker ETHA, recorded a net outflow of 15,112 ETH. According to Trader T, the outflow equaled about $44.41 million based on prices at the time. It ranked among the larger single-day withdrawals from the fund this year. 1/22 BlackRock ETH ETF $ETHANet flow: -15,112 ETH ($-44.41 million)Volume traded: $0.7 billion https://t.co/hPIB6vRO8b pic.twitter.com/3w1xUgyiG3 — Trader T (@thepfund) January 23, 2026 Despite the outflow, ETHA reported trading volume of about $0.7 billion on the same day. The volume showed continued buying and selling interest among investors. Activity remained steady even as net assets declined. Market participants often see large ETF flows during periods of price uncertainty. Funds can experience redemptions and strong trading volume at the same time. This pattern was visible across several crypto linked investment products during the week. Bitcoin ETF Flows and Portfolio Adjustments According to a post on X from AshCrypto, BlackRock also sold Bitcoin worth about $22.3 million during the same week. The transaction took place as Bitcoin ETF flows showed mixed activity across issuers. Some funds recorded outflows, while others continued to attract new capital. BREAKING: 🇺🇸 BlackRock has sold $22.3 million worth of Bitcoin and $44.4 million worth of Ethereum. pic.twitter.com/pCVrZ9rFTi — Ash Crypto (@AshCrypto) January 23, 2026 Recent weeks have shown mixed ETF behavior across…
Filed under: News - @ January 23, 2026 7:28 pm