BlackRock transferred 7,432 BTC and 8,150 ETH to Coinbase Prime in its largest ETF-related Bitcoin outflow ever, tied to routine redemption activity.

BlackRock transferred 4,577 BTC and 41,996 ETH worth $336 million to Coinbase Prime in what analysts call routine ETF custody and rebalancing activity.

BlackRock transferred 7,432 BTC and 8,150 ETH to Coinbase Prime for ETF operations. Here's what the massive crypto deposit means for investors.

BlackRock transferred 7,432 BTC and 8,150 ETH to Coinbase Prime in its largest ETF-related Bitcoin outflow ever, tied to routine redemption activity.

BlackRock's IBIT saw $300M in client redemptions as US spot Bitcoin ETFs bled $4.4B over 13 days, driven by rising Treasury yields and portfolio

Crypto ETF flows opened the week with continued pressure on bitcoin and ether funds, which posted combined outflows of $261.14 million.

Coinbase Institutional moved 2,258 BTC worth $132M to a new wallet on June 30, the third major outflow in June totaling over $578M in Bitcoin transfers.