BlackRock moves $444.4M in BTC and ETH to Coinbase Prime

BlackRock deposited 4,189 BTC ($304.72 million) and 68,230 ETH ($139.16 million) into Coinbase Prime, for a total of about $444.4 million, according to Onchain Lens. Such crypto transfers by BlackRock to an exchange may be part of operational processes tied to inflows and outflows in its spot crypto ETFs, including settlement and redemptions.