Hupzy (Spot On Chain)|Jul 29, 2026 11:13
BlackRock's clients net sold $๐ฒ๐ฌ๐ ๐ผ๐ณ ๐๐๐๐ง this week while simultaneously buying $๐ฎ๐ฌ๐ + ๐ผ๐ณ ๐๐ง๐ โ a concrete institutional rotation from BTC to ETH exposure.
๐๐๐ฝ๐๐ ๐๐ฎ๐ธ๐ฒ: A $60M IBIT outflow alongside $20M+ ETH buying from the world's largest asset manager's client base suggests institutional appetite is tilting toward ETH at BTC's expense. The notional is modest relative to total AUM, but the rotation pattern could reinforce the ETH-vs-BTC divergence already visible in ETF flow data. Watch whether next week's flows confirm or reverse.
Both BTC and ETH are tradeable on Hyperliquid and Aster.
https://arkm.com/explorer/entity/blackrock
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