BlackRock deposits $560M in BTC, withdraws $69M in ETH from Coinbase

The world’s largest asset manager, BlackRock, deposited 5,362.37 BTC, worth $560.94M, into Coinbase Exchange over the past two days, including a single deposit of 1,249.68 BTC worth $131.55M. At the same time, BlackRock withdrew 27,241.4 ETH, valued at $69.25M, from the exchange, according to on-chain analytics platform Onchain Lens on X.