BlackRock trims $200M BTC
BlackRock sold roughly $200M worth of Bitcoin while still holding about $52.8B in BTC, a move framed as strategic rebalancing rather than panic. The sale is being read as an institutional portfolio tweak amid broader volatility. (x.com/CryptoPatel)
Onchain monitoring captured a December 29, 2025 deposit of 2,201 BTC (about $192.13M at transfer time) and 7,557 ETH (about $22.12M) into Coinbase‑labeled addresses tied to Arkham/OnchainLens alerts. (blockchain.news) Arkham Intelligence’s timeline also shows a December 24, 2025 movement of 2,292 BTC (~$200M) and 9,976 ETH (~$30M) into Coinbase Prime followed hours later by on‑chain repurchases of 499 BTC and 1,511 ETH. (finbold.com) Arkham’s entity graph and labeled-wallet attribution linked the sender to BlackRock and the recipient to Coinbase/Coinbase Custody Trust Company, citing SEC custody relationships for IBIT and related products. ( and ) Market‑flow reporting noted these transfers occurred alongside roughly $446 million in net outflows from exchange‑traded crypto products during the same week, intensifying on‑chain scrutiny of the moves. (coinlaw.io) Fund trackers show BlackRock’s iShares Bitcoin Trust holding in the high hundreds of thousands of BTC; Bitbo listed IBIT at about 785,240.8 BTC (valued near $52.19 billion) as of March 26, 2026. (bitbo.io) ETF‑flow analysis published by market trackers explains IBIT reductions were driven by investor redemptions that mechanically force on‑exchange settlements, distinguishing fund redemptions from discretionary corporate treasury sales. (bitrue.com)
