Add as a preferred source on GoogleBlackRock Moves $205.59 Million in Bitcoin and Ether to Coinbase Prime
The transfer included 2,100 BTC and 30,760 ETH. BlackRock's on-chain holdings of both assets were valued at about $60.04 billion combined.
BlackRock moved $205.59 million in Bitcoin (BTC) and Ether (ETH) from an ETF wallet to Coinbase Prime Friday, adding a mixed-asset transfer to the firm's crypto flows.
The transfer included 2,100 BTC, valued at about $145.38 million, and 30,760 ETH worth roughly $60.21 million. It took place during the hour before 8:09 a.m. ET (13:09 UTC).
BlackRock's on-chain balances stood at about 787,100 BTC and 2.859 million ETH. Those holdings were valued at about $54.44 billion and $5.6 billion, respectively, for a combined $60.04 billion.
The transfer represented about 0.3% of BlackRock's BTC balance and 1.1% of its ETH balance, calculated from the rounded holdings. A previous two-hour transfer from BlackRock ETF-linked wallets moved $355.63 million in Bitcoin and Ether to Coinbase Prime.
Enna Lee
ReporterEnna Lee reports on investing and digital-asset markets for TokenPost. Send corrections or tips to info@tokenpost.com.