BlackRock Inc. reduced its exposure to the two largest cryptocurrencies on 21 Aug 2025, selling roughly 1,940 Bitcoin valued at about $221 million and divesting around 63,280 Ether for approximately $272 million, according to market-data aggregators cited by crypto-analytics services. The disposal contributed to a wider bout of selling by U.S. spot crypto exchange-traded funds. Aggregate Bitcoin outflows from BlackRock, Fidelity Investments and several smaller products reached an estimated $316.5 million for the day, with the Ark 21Shares Bitcoin ETF alone off-loading 671 Bitcoin worth roughly $76 million. The transactions come amid heightened volatility across digital-asset markets, although neither BlackRock nor the other issuers immediately explained the rationale for the sales. Bitcoin traded near $113,900 in late-morning New York dealings, while Ether changed hands around $4,310.