According to on-chain analyst Onchain Lens (@OnchainLens), BlackRock deposited 566.88 BTC, worth approximately $39.64 million, and 7,552 ETH, worth approximately $15.52 million, into Coinbase, and may continue depositing additional tokens.
BlackRock deposits $55.16 million worth of BTC and ETH into Coinbase
TechFlowShare
Summary
BlackRock deposited 566.88 BTC, valued at $39.64 million, and 7,552 ETH, worth $15.52 million, into Coinbase, according to Onchain Lens citing TechFlow. The BTC transaction signals a significant institutional move, while the ETH activity underscores continued crypto market engagement. The firm may add additional tokens in the coming days.
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