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BlackRock Sends $702 Million in Bitcoin and Ether to Coinbase Prime

The transfer included 7,244 BTC valued at about $558.62 million and 63,600 ETH valued at about $143.63 million.

By Enna Lee
Published
Mentioned assets
Two metal custody discs sit on an open steel vault tray / TokenPost.ai
Two metal custody discs sit on an open steel vault tray / TokenPost.ai

In the hour leading up to 7:54 a.m. ET (12:54 UTC) Tuesday, Nov. 3, BlackRock transferred 7,244 Bitcoin (BTC) and 63,600 Ether (ETH) to Coinbase Prime. The BTC was valued at about $558.62 million and the ETH at about $143.63 million, putting the combined total at about $702.3 million.

A separate movement on Oct. 23 sent 3,215 BTC and 38,882 ETH from BlackRock ETF-related wallets to Coinbase Prime. The Oct. 23 transfers were valued at a combined $355.63 million.

Enna Lee

Reporter

Enna Lee reports on investing and digital-asset markets for TokenPost. Send corrections or tips to info@tokenpost.com.

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