BlackRock deposits $147.5M in BTC, ETH to Coinbase Prime

BlackRock has deposited 1,978 BTC ($123.66 million) and 14,244 ETH ($23.84 million) to Coinbase Prime, according to Onchain Lens. The deposit is believed to be part of the operational management of its spot crypto ETFs, likely for settling redemptions amid fund inflows and outflows.