BlackRock Sends $318.36 Million in Bitcoin and Ether to Coinbase

BlackRock sent $318.36 million in Bitcoin and Ether from an ETF wallet to Coinbase in the 30 minutes ending at 6:50 a.m. ET (11:50 UTC) Nov. 10, adding another large fund-linked transfer to the exchange.

The transfer included 2,252 Bitcoin (BTC), valued at about $166.94 million, and 72,210 Ether (ETH), worth about $151.42 million. Together, the two amounts came to roughly $318.36 million.

A transfer to Coinbase confirms that the assets were sent to the platform, but it does not establish that BlackRock sold them.

TokenPost previously covered a separate $355.63 million transfer from BlackRock ETF-linked wallets to Coinbase Prime. That movement included 3,215 BTC worth about $262.41 million and 38,882 ETH valued at about $93.22 million over the two hours ending at 8:37 a.m. ET Friday.