Odaily Planet Daily reports, according to Onchain Lens monitoring, BlackRock transferred 838.07 BTC to Coinbase, valued at approximately $53.88 million, and 12,670 ETH, valued at approximately $23.96 million. BlackRock operates IBIT, the world’s largest Bitcoin ETF, with a market capitalization of $47.784 billion.
BlackRock transfers $77.8 million in Bitcoin and Ethereum to Coinbase
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Summary
BlackRock transferred 838.07 BTC ($53.88M) and 12,670 ETH ($23.96M) to Coinbase, according to Odaily. The firm manages IBIT, the world’s largest Bitcoin ETF, with a $47.784B market cap. Altcoins to watch may gain momentum as market sentiment shifts. The Fear & Greed Index currently indicates moderate optimism, reflecting mixed investor behavior.
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