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Paul L.

BlackRock Transfers $506M in Bitcoin and Ethereum to Coinbase Prime

BlackRock transferred $506 million in digital assets to Coinbase Prime on November 1. The transaction comprised approximately 3,496 BTC valued at $384 million and 31,754 ETH worth $122 million, according to Arkham data. The assets originated from wallet addresses associated with the firm's iShares Bitcoin ETF and iShares Ethereum ETF products.