BlackRock Transfers $673 Million in Bitcoin and Ethereum to Coinbase

BlackRock has moved 3,064 BTC and 64,707 ETH, valued at a combined $478 million, to Coinbase, highlighting institutional strategies for liquidity amid market volatility. This November 18, 2025 transfer follows the November 17 movement of 4,880 BTC and 54,730 ETH worth $643 million, extending a week-long pattern of substantial asset shifts. The repeated use of Coinbase’s institutional platform underscores BlackRock’s focus on secure custody and efficient large-scale transactions in the digital asset market.

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