Blackstone's Ethereum fund saw outflows of 580,000 ETH in one month, worth approximately $1.32 billion
2026-11-02 23:28:39
According to CoinMeta, based on Lookonchain data, Blackstone's Ethereum fund recorded a outflow of 580,145 ETH in the past month, worth approximately $1.32 billion. The outflow from this fund mainly came from its Ethereum investment products. A monthly update Lookonchain indicates that multiple Blackstone wallet addresses transferred ETH to Coinbase Prime hot wallets. Blackstone's iShares Ethereum trust holds 3,095,551 ETH, and the total holding of Ethereum products amounts to 5,513,954 ETH. Although Blackstone's outflow reached 169,205 ETH in the past seven days, exceeding the net outflow of $147,585 ETH for the entire tracked group, Fidelity attracted an inflow of 27,067 ETH during the same period.
Source:Cryptonews
This content is for market information only and does not constitute investment advice.
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