cryptobriefing.com
22 January 2026 16:28, UTC
Asset manager BlackRock transferred around 3,970 Bitcoin worth $357 million and 82,813 Ethereum valued at $247 million to Coinbase Prime today, according to data from Arkham Intelligence.
Institutional deposits to exchanges often signal trading, rebalancing, or liquidity activity.
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BlackRock’s moves follow heavy outflows from its spot Bitcoin and Ethereum ETFs, with IBIT shedding $357 million and ETHA losing $250 million, data from Farside Investors shows.
The US spot Bitcoin and Ethereum ETF market saw broad red on Wednesday, with eleven Bitcoin funds logging nearly $709 million in net outflows, their largest single-day withdrawals since late November 2025, amid Greenland tariff-driven market jitters.
