BlackRock Deposits $159.7M in Crypto to Coinbase Prime

BlackRock has made a significant cryptocurrency deposit, transferring 1,701 Bitcoin, valued at approximately $115.2 million, and 22,661 Ethereum, worth around $44.5 million, to Coinbase Prime. This move underscores BlackRock’s continued interest and investment in the cryptocurrency market, as the firm bolsters its digital asset holdings on the institutional trading platform.