BlackRock sends $235M in Bitcoin and $83M in Ethereum to Coinbase Prime
Crypto Briefing
BlackRock transferred $235 million in Bitcoin and $83 million in Ethereum to Coinbase Prime amid volatile ETF flows.Summary
BlackRock, the global investment management firm, recently transferred approximately 2,603 Bitcoin, valued at about $235 million, and 26,723 Ethereum, worth over $83 million, to Coinbase Prime, according to Arkham Intelligence data. These significant transfers coincide with a sharp reversal in early 2026 ETF flows, which shifted rapidly from strong inflows to significant net outflows. Specifically, BlackRock's Bitcoin ETF, IBIT, recorded $130 million in redemptions yesterday, contributing to the $486 million in net outflows experienced by US spot Bitcoin ETFs, marking their largest daily outflow since late November.
(Source：Crypto Briefing)