BlackRock deposits 2990 BTC worth 187.3 million to Coinbase Prime

By: rootdata|2026/07/14 12:15:08

BlackRock transferred 2990 BTC, valued at 187.3 million, to Coinbase Prime approximately one hour ago. This deposit is likely part of the operational process for its spot Bitcoin ETF, potentially to settle redemptions following recent fund outflows. This transaction follows around 185.5 million in outflows from BlackRock's IBIT on July 13.

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