Odaily Planet Daily reports, according to Arkham monitoring, approximately one hour ago, BlackRock withdrew 1,780 ETH from a Coinbase Prime address via its Ethereum ETF, ETHA, valued at approximately $3.79 million; subsequently, BlackRock withdrew a total of approximately 1,450 BTC from a Coinbase Prime address via its Bitcoin ETF, IBIT, valued at approximately $99.71 million. Further transactions may follow.
BlackRock withdraws 1,450 BTC and 1,780 ETH from Coinbase Prime
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Summary
BlackRock made a significant withdrawal of 1,780 ETH ($3.79 million) from Coinbase Prime via its ETHA ETF, followed by an update of 1,450 BTC ($99.71 million) through the IBIT ETF. These moves indicate ongoing asset reallocation, with further transactions likely.
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