CryptoMedium•10 November 2026•
1 min read
BlackRock Moves $331M in BTC and ETH to Meet ETF Redemptions
Key Facts
1BlackRock moved $213 million in Bitcoin and $118 million in Ethereum.
2The asset movements are a result of investor redemptions in crypto ETFs.
BlackRock moved $213 million in Bitcoin and $118 million in Ethereum to manage liquidity. Crypto Briefing reported that these asset movements are a result of investor redemptions in the firm's crypto exchange-traded funds, forcing the asset manager to shift underlying holdings to meet withdrawal demands.
BlackRock shares closed at $1214.71 on November 9, 2026, prior to these transfers which indicate cooling investor sentiment toward crypto ETFs. The operational movement of assets is expected during redemption periods as the firm balances its fund liquidity.