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BlackRock shifts $62M in Bitcoin and Ethereum amid weakening institutional demand.

Market News
17 Sep 2026
AMBCrypto
View Source
Neutral
BlackRock shifts $62M in Bitcoin and Ethereum amid weakening institutional demand.

BlackRock moved $62 million worth of Bitcoin and Ethereum through Coinbase Prime, involving 656.71 BTC and 5.15K ETH. Despite these transfers, BlackRock's overall Bitcoin and Ethereum ETF holdings remain substantial, showing resilience through recent market downturns. However, recent ETF inflows have reversed, with significant outflows in both Bitcoin and Ethereum ETFs, reflecting weakening institutional demand amid negative investor sentiment following a Senate setback on the CLARITY Act. This trend suggests limited ETF-driven support for crypto prices going forward.

BlackRock's recent $62 million Bitcoin and Ethereum transfers provide context for cryptocurrency market activity. For readers following crypto assets, here is Pluang's market snapshot as of Sep 17, 2026 22:52 WIB: Out of 50 major cryptocurrencies priced on Pluang, 46 rose and 3 fell today. Notable price changes include COTI up 17.68% at Rp355 with 63% sell activity, UNI up 16.44% at Rp126,154 with 82% sell activity, and BAL up 11.14% at Rp16,297 with a typical hold time of 85 days.

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