BlackRock Withdraws Over $470 Million in BTC and ETH from Coinbase Prime on January 8
On Jan. 8, BlackRock withdrew 3,040 Bitcoin (BTC) and 61,359 Ethereum (ETH) from Coinbase Prime within eight hours, totaling over $470 million, according to Onchain Lens. The large transfers highlight notable institutional activity and are closely watched for signals of portfolio rebalancing or strategic shifts in BlackRock’s digital asset exposure.