Dwelling » Alternate » BlackRock sends $382M in Bitcoin and $220M in Ethereum to Coinbase
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Dec. 17, 2025
The transactions coincide with blended fresh flows in BlackRock’s Bitcoin and Ethereum ETFs.
Key Takeaways
- BlackRock transferred $220 million in Ethereum and $382 million in Bitcoin to Coinbase Top.
- The deposits reward institutional engagement with essential cryptocurrencies on Coinbase’s custody platform.
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BlackRock deposited 74,973 Ethereum rate $220 million and 4,356 Bitcoin rate $382 million to Coinbase Top right this moment time, according to recordsdata from blockchain intelligence firm Arkham Intelligence.
The actions attain amid uneven flows all the blueprint in which by blueprint of BlackRock’s digital asset funds. On Tuesday, the firm’s Bitcoin ETF recorded better than $210 million in get outflows, while its Ethereum ETF saw get redemptions exceeding $220 million.
Aloof, each day ETF flows close now not essentially capture the rapid shopping and selling habits of the underlying sources. As a replacement, the flows present insight into portion advent and redemption.
That mentioned, authorized participants can also settle to retain shares in stock, look forward to patrons, or redeem shares for Bitcoin at a later time. This implies that inflows and outflows in overall trudge valid market narrate, and short-term each day numbers can also now not precisely agree with investor sentiment or shopping and selling power.
