Ethereum In, Bitcoin Out: BlackRock Rebalancing Its Digital Asset Portfolio In Major Crypto Shift
PositiveCryptocurrency

In a significant shift in the cryptocurrency landscape, BlackRock is rebalancing its digital asset portfolio by favoring Ethereum over Bitcoin. This change comes in the wake of a recent market downturn triggered by Donald Trump's tariff order, which saw both Bitcoin and Ethereum prices plummet. However, Ethereum has gained traction among major corporations, indicating a potential trend where institutions are increasingly opting for ETH instead of BTC. This pivot not only highlights Ethereum's growing acceptance but also suggests a broader transformation in how institutional investors view digital assets.
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