BlackRock deposits 1,198 Bitcoin and 15,121 Ether into Coinbase
Crypto Briefing
BlackRock moved 1,198 Bitcoin and 15,121 Ether to Coinbase today as part of its institutional crypto operations.Summary
BlackRock, the world's largest asset manager, deposited 1,198 Bitcoin and 15,121 Ether into Coinbase as part of its ongoing institutional crypto operations. These transfers underscore BlackRock's consistent use of Coinbase Prime for managing significant digital asset movements, often involving capital rotation between Bitcoin and Ethereum. As of October 31, BlackRock's iShares Bitcoin Trust held over 801,000 Bitcoin, and its iShares Ethereum Trust managed nearly 4 million Ethereum, suggesting these deposits are related to custodial, operational, or rebalancing activities rather than immediate selling.
(Source：Crypto Briefing)