BlackRock moves 5,847 Bitcoin worth $450M to Coinbase Prime wallets

TLDR BlackRock transferred 5,847 Bitcoin worth about $450 million to Coinbase Prime through 20 separate transactions. The transfer occurred as Bitcoin prices fluctuated near $77,000 after a recent dip earlier in the week. Coinbase Prime serves as the custody and trading platform for BlackRock’s iShares Bitcoin Trust ETF. The movement likely reflects ETF operations such [...]

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