Why Wall Street Is Dumping Bitcoin for Ethereum’s Hidden Goldmine

Dario Lo Presti / Shutterstock.com BlackRock (NYSE:BLK), the world's largest asset manager with $13.5 trillion under management, has started shifting some crypto allocations from Bitcoin (CRYPTO:BTC) to Ethereum (CRYPTO:ETH). Recent filings show BlackRock increasing its ETH holdings while trimming BTC exposure in certain funds. This isn't a one-off; it's part of a pattern where BlackRock has consistently directed more fresh capital into ETH than BTC over the past year. As a bellwether for institutional mo ...