According to on-chain analyst Onchain Lens (@OnchainLens), BlackRock’s IBIT Bitcoin ETF transferred 1,948.07 BTC to Coinbase Prime, valued at approximately $122 million. As of July 31, IBIT held a total of 737,118.26 BTC, with a total value of approximately $46.18 billion. Data shows that the fund has generated a return of 12.18% since its inception (as of June 30) and a return of -45.62% over the past year.
BlackRock ETF deposits 1,948.07 BTC, worth $122M, into Coinbase Prime
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Summary
BTC news today: BlackRock’s IBIT Bitcoin ETF deposited 1,948.07 BTC ($122M) into Coinbase Prime, according to Onchain Lens. As of July 31, IBIT holds 737,118.26 BTC, valued at $46.18B. The fund has returned 12.18% since its inception (June 30), but declined -45.62% over the past year. BTC update: This movement reflects continued fund activity amid market volatility.
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