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BlackRock Moves $506M in Bitcoin and Ethereum to Coinbase Following ETF Outflows

BlackRock transferred $506 million in digital assets to Coinbase on October 31. On-chain data showed $384 million in Bitcoin (BTC) and $122 million in Ethereum (ETH) moved to the exchange. The transfers corresponded directly with outflows recorded in BlackRock spot ETF products the day prior. Farside Investors' data showed that BlackRock iShares Bitcoin Trust (IBIT) [...]The post BlackRock Moves $506M in Bitcoin and Ethereum to Coinbase Following ETF Outflows appeared first on The Coin Republic.

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