Ruisheng Asia has reduced its holdings of the BlackRock Ethereum ETF, valued at over $16 million, reflecting a significant decrease in its investment portfolio.

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Odaily Planet Daily News: Singapore asset management firm Pilgrim Partners Asia disclosed in a filing with the U.S. Securities and Exchange Commission (SEC) that it sold 620,000 shares of the BlackRock Ethereum ETF iShares Ethereum Trust ETF in the last quarter, valued at $16.21 million. As of now, the company still holds $25.49 million worth of BlackRock Bitcoin ETF and $10.64 million worth of Strategy shares. (Fool)

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