Why Wall Street Is Dumping Bitcoin for Ethereum’s Hidden Goldmine

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📅 Published: 2025-10-20 16:52 📰 Source: Yahoo 📝 Words: 66

📝 Article Content

BlackRock (NYSE:BLK), the world’s largest asset manager with $13.5 trillion under management, has started shifting some crypto allocations from Bitcoin (CRYPTO:BTC) to Ethereum (CRYPTO:ETH). Recent filings show BlackRock increasing its ETH holdings while trimming BTC exposure in certain funds. This isn’t a one-off; it’s part of a pattern where BlackRock has consistently directed more fresh ... Why Wall Street Is Dumping Bitcoin for Ethereum’s Hidden Goldmine

📄 Summary

BlackRock (NYSE:BLK), the world’s largest asset manager with $13.5 trillion under management, has started shifting some crypto allocations from Bitcoin (CRYPTO:BTC) to Ethereum (CRYPTO:ETH). Recent filings show BlackRock increasing its ETH holdings while trimming BTC exposure in certain funds. This isn’t a one-off; it’s part of a pattern where BlackRock has consistently directed more fresh ... Why Wall Street Is Dumping Bitcoin for Ethereum’s Hidden Goldmine

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Stock Mentions:

BLK - BlackRock Inc. Relevance: N/A
T - AT&T Inc. Relevance: N/A