BlackRock deposits $225M in Bitcoin and Ether into Coinbase Prime
Crypto Briefing
BlackRock deposited $225 million in Bitcoin and Ether into the Coinbase Prime institutional platform.Summary
BlackRock, the world's largest asset manager, transferred $225 million worth of Bitcoin and Ether to Coinbase Prime. This move highlights ongoing institutional engagement with digital assets, as Coinbase Prime is a specialized platform for institutional custody and trading. These regular deposits suggest routine portfolio rebalancing or liquidity adjustments related to BlackRock's broader strategic management of its cryptocurrency exposure, often linked to its ETF operations.
(Source：Crypto Briefing)