BlackRock moves $303M in Bitcoin to Coinbase Prime
Crypto Briefing
BlackRock transferred 3,290 Bitcoin and 5,692 Ethereum to Coinbase Prime amid recent ETF outflows.Summary
Asset management firm BlackRock moved a significant amount of cryptocurrency, specifically 3,290 Bitcoin valued at approximately $303 million and 5,692 Ethereum worth about $18 million, into Coinbase Prime. This transfer occurred while BlackRock's spot Bitcoin ETF (IBIT) experienced nearly $71 million in net outflows yesterday, marking the fourth straight day of withdrawals, and its Ethereum ETF saw around $80 million in redemptions, reflecting mixed market sentiments.
(Source：Crypto Briefing)