BlackRock deposits $96.5M in BTC to Coinbase

June 10, 2026, 1:18 PM

BlackRock, the world's largest asset manager and a spot Bitcoin ETF issuer, deposited 1,564 BTC, worth approximately $96.49 million, to Coinbase, according to Onchain Lens. The deposit may be part of the operational process for its spot crypto ETF, such as settling redemptions related to fund flows.

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