BlackRock: Withdraws $240M BTC ETH to IBIT ETHA ETHB

BlackRock accumulated and withdrew 2,802.904 BTC (~$223.41M) plus 6.58K ETH (~$16.57M) into its IBIT, ETHA and ETHB ETF wallets.

The move marks continued institutional demand for spot Bitcoin and Ethereum products following the launch of BlackRock’s tokenized BUIDL fund in 2024.

Bitcoin trades at $78,755.51 inside its Bollinger Bands with upper resistance at $79,356.69. Price sits above the EMA50 support at $73,319.30 and the EMA200 at $67,429.95 while RSI(14) reads 68.98 and MACD shows a death cross. This setup points to a probable healthy retracement toward the 50-EMA before any fresh continuation higher, shaping the next BTC price prediction window.