Huo Xing Finance reports, according to Onchain Lens monitoring, BlackRock has cumulatively withdrawn 1,104.45 BTC from Coinbase Prime, valued at approximately $71.4 million, and transferred them to its IBIT Bitcoin ETF wallet.
BlackRock transfers 1,104.45 BTC, worth $71.4M, to the IBIT Bitcoin ETF wallet.
MarsBitShare
Summary
Bitcoin ETF news emerged as BlackRock transferred 1,104.45 BTC, valued at approximately $71.4 million, from Coinbase Prime to its IBIT Bitcoin ETF wallet. Onchain Lens tracked the transfer, confirming that the BTC movement reflects a significant shift in institutional holdings. The transaction represents notable on-chain activity tied to the ETF’s asset allocation.
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.