According to LookIntoChain monitoring, on December 16, BlackRock received 567.25 Bitcoin and 7,558 Ethereum from Coinbase Prime, valued at about $49.28 million and $22.76 million, respectively. The on-chain transfer highlights ongoing institutional crypto activity and the importance of credible custody and prime brokers in handling sizable digital-asset moves.

As large asset managers deepen exposure to digital assets, these movements reinforce market liquidity and risk management frameworks within the crypto ecosystem. The reported activity, tracked by LookIntoChain, reflects verifiable inflows that support credible crypto custody solutions and the broader trajectory of institutional crypto adoption without venturing into speculative motives.