BlackRock has offloaded roughly $135 million worth of Ethereum even as the broader crypto market posted a sharp rebound over the past 24 hours. The move underscores continued institutional selling pressure amid a tentative rally.

US stocks experienced a strong rebound on Monday following a major sell-off on Friday, where the S&P 500 lost $1.56 trillion in market value. Investors regained confidence as markets stabilized, providing a more positive outlook for the week.