BlackRock Invests $185 Million in Bitcoin, Ethereum with Coinbase

BlackRock’s recent actions demonstrate its commitment to institutional crypto engagement and long-term strategic planning. The company deposited $185 million worth of Bitcoin (BTC) and Ethereum (ETH) on Coinbase Prime, indicating a portfolio rebalancing rather than an immediate asset sale. This significant move highlights BlackRock’s growing interest in the digital assets space, signaling a shift towards institutional participation in crypto markets.