In Just One Day, BlackRock Transfers Bitcoin and Ethereum Worth $430 Million to Coinbase

Published 2 weeks ago Neutral
In Just One Day, BlackRock Transfers Bitcoin and Ethereum Worth $430 Million to Coinbase
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BlackRock, the world’s largest asset manager with $11 trillion in AUM, moved a big batch of Bitcoin and Ethereum out of its ETF wallets in recent days. Data from Arkham shows 2,854 BTC worth roughly $314 million and 29,639 ETH valued near $115 million were sent to Coinbase Prime — so the total is now $430 million. Both addresses were tied directly to BlackRock’s iShares Bitcoin Trust and iShares Ethereum Trust.