BlackRock has executed a substantial transfer of digital assets, moving 72,370 Ethereum (ETH) valued at $312 million and 266.79 Bitcoin (BTC) worth $29.88 million to Coinbase Prime. This transaction, reported on September 9, 2025, underscores BlackRock's active participation in the cryptocurrency markets and its strategic approach to asset management.
The move highlights the increasing institutional interest in digital currencies, with BlackRock's actions potentially influencing market dynamics and investor sentiment. Such significant transfers by major financial entities continue to signal the growing acceptance and integration of cryptocurrencies into traditional financial portfolios.
BlackRock Transfers $312M in ETH and $29.88M in BTC to Coinbase Prime
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