Derived from BitcoinWorld, an address linked to BlackRock’s Ethereum ETF has transferred 24,791 ETH (worth approximately $78.3 million) to Coinbase Prime. The transaction, reported by blockchain analytics firm Lookonchain, is seen as preparatory activity for the ETF’s launch or management. Coinbase Prime is a prime brokerage service for institutional investors, offering advanced tools and custody solutions.
BlackRock's Ethereum ETF Transfers $78.3M to Coinbase Prime
BitcoinWorldShare
Source:Show original
Disclaimer: The information on this page may have been obtained from third parties and does not necessarily reflect the views or opinions of KuCoin. This content is provided for general informational purposes only, without any representation or warranty of any kind, nor shall it be construed as financial or investment advice. KuCoin shall not be liable for any errors or omissions, or for any outcomes resulting from the use of this information.
Investments in digital assets can be risky. Please carefully evaluate the risks of a product and your risk tolerance based on your own financial circumstances. For more information, please refer to our Terms of Use and Risk Disclosure.