BlackRock Invests $643 Million in Bitcoin & Ethereum, Signaling Institutional Adoption

Financial giant BlackRock has made a significant move in the cryptocurrency market by depositing $643 million in Bitcoin and Ethereum onto Coinbase Prime. This large-scale investment indicates growing institutional confidence in digital assets and their adoption within regulated frameworks. 4,880 BTC and 54,730 ETH were transferred to Coinbase on November 16, 2025, enabling BlackRock to leverage the platform for secure custody and efficient liquidity management.