Details
On-chain monitoring from Onchain Lens shows that BlackRock has bought and transferred a large amount of digital assets into its spot ETF wallets. The move covers 2,802.904 BTC, worth roughly $223.41 million, along with 6,580 ETH, valued at about $16.57 million. Combined, the transfers total approximately $240 million. The funds were sent to the IBIT, ETHA, and ETHB ETF wallets, according to the data. Traders often watch such institutional inflows for signals about sustained demand. Large ETF-related movements can add liquidity and influence market sentiment, potentially increasing volatility during the trading session. However, the immediate price impact remains uncertain, and market participants may adjust positions in response to the news.
