BlackRock ETF transfers 3,126 BTC, worth $203 million, to Coinbase Prime

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Today’s BTC news reports that BlackRock’s ETF address transferred 3,126 BTC, valued at approximately $203 million, to Coinbase Prime. The transfer occurred in multiple batches, including several transfers of 300 BTC and one of 126.168 BTC. The BTC update provides no further details regarding the purpose of the transaction.

According to Onchain Lens, BlackRock’s ETF address transferred 3,126 BTC to Coinbase Prime, valued at approximately $203 million. The transfer was executed in multiple transactions, including several bulk transfers of 300 BTC each and one transfer of 126.168 BTC.

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