Why BlackRock Moved $318M In Bitcoin And Ethereum To Coinbase During ETF Exodus
BlackRock transferred approximately 3,064 Bitcoin (BTC) valued at $276 million and 26,723 Ethereum (ETH) worth $83 million to Coinbase Prime. The transfers coincide with US spot Bitcoin ETFs recording $486 million in net redemptions Wednesday, the largest single-day outflow since November 20. BlackR