BlackRock's IBIT Bitcoin ETF receives 1,340 BTC worth $86.3 million in 3 hours

BlackRock's IBIT Bitcoin ETF received 1,340 BTC valued at $86.3 million from Coinbase Prime over the past three hours, according to on-chain tracker Onchain Lens. The transfer points to fresh movement of Bitcoin into the custody structure tied to the spot ETF, a mechanism often watched by traders for signs of institutional demand and fund flow activity.

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