BlackRock Transmits Massive Crypto Value to Coinbase Prime

Investment giant Blackrock has moved a significant sum of Bitcoin and Ethereum, exceeding $673 million, to Coinbase Prime. The transfer includes 4,653 BTC and 57,455 ETH, showcasing Blackrock’s active involvement in the cryptocurrency market. 4,653 BTC is worth approximately $478.5 million, while 57,455 ETH are valued at around $194.9 million. These large transactions indicate Blackrock’s commitment to exploring and potentially investing further in cryptocurrencies.