BlackRock Deposits 2,854 Bitcoin into Coinbase Prime in 24 Hours, Highlighting Bitcoin Activity (Alongside 29,639 ETH)

According to LookIntoChain monitoring, COINOTAG News reports that BlackRock moved to bolster its crypto holdings, transferring 2,854 Bitcoin (approx. $314 million) and 29,639 Ethereum (approx. $115 million) into Coinbase Prime over the past 24 hours. The timing and scale point to continued engagement of institutional players with regulated custody channels.

Such inflows underscore sustained demand among large asset managers to access institutional custody and prime-brokerage facilities, aligning with broader liquidity strategies in regulated markets. By anchoring these transfers within Coinbase Prime, custodial risk and settlement efficiency may improve for participants seeking scalable exposure to top-tier digital assets like BTC and ETH.

Readers should note that these are single-day transfers and do not constitute a price signal. They emphasize the continued adoption of regulated custody solutions by major stakeholders, with ongoing regulatory updates and subsequent disclosures likely to illuminate the durability of this trend.

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