finance
BlackRock Deposits 2,402 Bitcoin and 12,679 Ether to Coinbase Prime
BlackRock transferred 2,402 Bitcoin valued at $151.4 million and 12,679 Ether valued at $21.06 million to Coinbase Prime. The movement continues a pattern of outflows from the firm’s Bitcoin and Ether holdings.
Jun 11, 7:52 AM·1m read3 sources
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Reducing holdingOperational move
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BlackRock transferred 2,402 Bitcoin worth $151.4 million and 12,679 Ether worth $21.06 million into Coinbase Prime accounts. The deposits mark the latest step in ongoing outflows of both assets from BlackRock vehicles.
Background on the Transfers The same quantities were reported moved earlier in the day, confirming the scale of the transaction. No additional details on the purpose of the deposits were provided in the report. The activity follows repeated similar transfers recorded over recent sessions.
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BlackRock reducing crypto holdingsBlackRock moving assets for operations
LO
Reducing holdingOperational move
CorroborationModerate · 3 sources
