Important points
- BlackRock moved 1,198 Bitcoin and 15,121 Ether to Coinbase today.
- The transaction was part of BlackRock’s institutional crypto asset management with Coinbase Prime.
BlackRock, the world’s largest asset manager, today deposited 1,198 Bitcoin and 15,121 Ether with Coinbase as part of its ongoing institutional crypto asset management.
As of October 31, BlackRock’s iShares Bitcoin Trust held more than 801,000 Bitcoins, and its iShares Ethereum Trust controlled nearly 4 million Ethereums.
The move highlights BlackRock’s continued use of Coinbase Prime to move large-scale digital assets. The asset manager has been actively circulating funds between Bitcoin and Ethereum through deposits on exchange platforms.
