BlackRock Transfers 2,043 BTC and 22,681 ETH to Coinbase, Sparks Institutional Interest

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Based on BitJie, on November 4, 2025, BlackRock transferred 2,043 BTC and 22,681 ETH to Coinbase, as tracked by Arkham Intelligence. The move has drawn attention for potentially signaling institutional rebalancing, settlement activity, or tokenization workflows. Analysts suggest the transfers may be related to ETF operations or internal custody adjustments, though BlackRock has not publicly confirmed the purpose. Observers are advised to monitor Coinbase Prime for further inflows and settlement patterns.

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