Important points
- BlackRock deposited $225 million in Bitcoin and Ether with Coinbase Prime.
- This deposit reflects the institution’s continued commitment to crypto assets.
BlackRock, the world’s largest asset manager, today deposited $225 million worth of Bitcoin and Ether into Coinbase Prime. The transfer included both major crypto assets as part of the company’s ongoing institutional activities.
Coinbase Prime is a platform dedicated to institutional cryptocurrency storage and trading, and serves as a key venue for large-scale cryptocurrency movements by companies like BlackRock. This platform facilitates the secure handling of digital assets in a regulated environment.
BlackRock maintains a pattern of depositing Bitcoin and Ethereum with Coinbase Prime, indicating regular institutional rebalancing and liquidity adjustments. Such transfers coincide with broader institutional interest in the cryptocurrency ecosystem, often related to ETF operations and strategic asset management.
