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BlackRock’s Bold Pivot: Why the World’s Largest Asset Manager Just Swapped Bitcoin for Ethereum
BlackRock’s Bold Pivot: Why the World’s Largest Asset Manager Just Swapped Bitcoin for Ethereum
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Wall Street’s crypto dance just took a sharp turn—BlackRock, the $10 trillion behemoth, just liquidated Bitcoin positions to double down on Ethereum. Was this a calculated bet on ETH’s tech stack... or another case of institutional FOMO?
The smart money’s playing chess while retail traders play checkers. BlackRock’s move signals a quiet but seismic shift—proof-of-work’s out, programmable money’s in. Never mind that they’re probably 18 months late to the party.
One hedge fund manager’s take: ’When BlackRock sneezes, the whole market catches a cold. But remember—these are the same geniuses who thought subprime mortgages were bulletproof.’
BlackRock, the world’s largest asset manager, has officially sold off thousands of Bitcoin and made a massive altcoin buy instead. Yes, you read that right—The company dumped 4,100 BTC and bought 27,700 E... Read More
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