Blackrock Transfers $115M in Bitcoin and Ethereum to Coinbas

Blackrock has transferred 1,270 Bitcoin, valued at approximately $84.92 million, and 15,409 Ethereum, worth $30.22 million, to Coinbase. The asset management giant is reportedly planning to deposit additional cryptocurrency holdings. This move underscores Blackrock’s increasing involvement in the digital asset space, potentially signaling further institutional interest in cryptocurrencies.