🚨 BLACKROCK CLIENTS MADE A MASSIVE MOVE ON MAY 12 🚨 In a striking divergence of capital flows, BlackRock’s institutional clients executed a significant rebalancing act yesterday. The data reveals a clear rotation out of Bitcoin and into Ethereum. 📉 Bitcoin (BTC) Saw Net Selling: Clients sold a net 407.989 BTC, valued at approximately $32.95 million. The average exit price was around $80,780 per BTC. 📈 Ethereum (ETH) Saw Heavy Accumulation: In a strong vote of confidence, clients added a net 39,539.1 ETH, worth roughly $90.29 million. The average entry price was approximately $2,283 per ETH. This net flow of over $90 million into ETH versus a $33 million outflow from BTC signals a notable shift in institutional sentiment. 💼 BlackRock’s Current Holdings Snapshot: Total IBIT Bitcoin Holdings: 820,674.02 BTC (valued at ~$65.65 billion) Total ETHA + ETHB Ethereum Holdings: 3,426,975.7 ETH (valued at ~$7.77 billion) Staked ETH via BlackRock: 226,786.8 ETH (worth ~$515 million) The takeaway? While BTC remains the dominant asset by total value, the recent flow data suggests institutions are actively diversifying and increasing their Ethereum exposure at a rapid pace. This is a clear signal of strategic portfolio balancing, not a bearish call on Bitcoin. Stay sharp and watch these on-chain flows closely. They often precede broader market trends. 🧠📊