BlackRock Transfers Over $36 Million in Crypto Assets to Coinbase Prime Address

BroadChain learned that at 20:48 on April 24, monitoring data shows that BlackRock transferred 12,080 ETH, worth approximately $27.94 million, to a Coinbase Prime address through its Ethereum ETF (ETHA). At the same time, its Bitcoin ETF (IBIT) also transferred 113.342 BTC, worth approximately $8.81 million, to the same address. This is the institution's first on-chain asset transfer in the past week.