BlackRock Offloads $70M Bitcoin ETF, $33M Ethereum ETF Amid Market Retreat

BlackRock executed a significant $104 million sell-off of cryptocurrency ETFs on March 25, 2026, liquidating $70.7 million in Bitcoin ETFs and $33.4 million in Ethereum ETFs as Bitcoin faltered at the $71,000 resistance level and plunged toward $69,000. The asset manager's move coincides with a sharp 10% monthly correction in Bitcoin's price, which has now shed 21% of its value since March 2025, signaling potential institutional caution amid the market's recent volatility.

Like Bitcoin (BTC), Ethereum (ETH) is also facing substantial losses, but has maintained the $2000 price level. According to CoinGecko data, ETH’s price has dipped nearly 5% in the last 24 hours and 3.8% over the previous week. However, while Bitcoin (BTC) has dipped since last March, ETH is up by 0.7% in the same time frame.

Will BlackRock’s Bitcoin And Ethereum ETF Sales Lead To Further Price Dips?

ETF flows could be a signal for what financial institutions are anticipating. Bitcoin (BTC) has struggled to gain steam over the last few months, and the recent US-Iran conflict has added substantial selling pressure on investors. Additionally, President Trump has hinted at the potential of boots on the ground if things do not cool off between the two countries.

Bitcoin (BTC) and the larger crypto market’s recent correction could also be due to high chances of interest rates remaining unchanged. Higher interest rates often lead to investors taking less risks as borrowing is difficult. Moreover, the market has moved to a risk-off approach over the last few months. The low risk appetite has kept investors away from cryptocurrencies, leading to price stagnation.