BlackRock Transfers $160M in Bitcoin and Ethereum to Coinbase Prime
BlackRock Inc. moved approximately $160 million in Bitcoin and Ethereum to Coinbase Prime on April 10, 2025, on-chain data show. The firm transferred 1,814 Bitcoin (worth about $114.45 million) and 24,472 Ethereum (valued at around $44.57 million) to the institutional platform, according to blockchain analytics firm Onchain Lens. Coinbase Prime provides custody, trading tools, and reporting services for institutional investors.