BlackRock Moves $364M in Bitcoin and Ether From Coinbase Prime, Data Show
BlackRock has transferred 3,741 BTC (about $272.5 million) and 41,075 ETH (about $92.1 million) from Coinbase Prime into its institutional custody, according to Lookonchain. The combined $364.6 million movement occurred within the past hour and is widely seen as reflecting settlement activity tied to strong demand for the firm's spot ETF offerings.