BlackRock Moves Over $202 Million in Bitcoin to Coinbase Prime

The asset manager transferred 2,196 BTC to Coinbase Prime, significantly increasing holdings compared to its previous Bitcoin ETF balance.

BTC

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Terms & Concepts
  • Coinbase Prime: A custodial and trading platform designed for institutional cryptocurrency investors, offering secure storage and advanced trading tools.
  • Bitcoin ETF: An exchange-traded fund that tracks Bitcoin's price, enabling investors to gain exposure without directly holding the cryptocurrency.
  • BTC: The common ticker symbol for Bitcoin, the world's largest cryptocurrency by market capitalization.