According to Eric Balchunas, BlackRock will close several US-based sustainable funds as part of a comprehensive review of its investment products and to address the evolving needs of its clients (source: Eric Balchunas on Twitter, June 16, 2025). This significant move highlights shifting investor priorities away from ESG-focused assets, which may lead to reduced liquidity and capital flows in sustainable sectors. For crypto traders, the pivot could signal increased interest in digital assets as an alternative to traditional ESG investments, potentially influencing the allocation trends of institutional portfolios.