BlackRock Moves $202.77 Million in Bitcoin to Coinbase Prime

The asset manager transferred 2,196 BTC to Coinbase Prime following the recent sale of 1,490 BTC by its Bitcoin ETF.

BTC

Summary

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Terms & Concepts
  • Coinbase Prime: An institutional trading platform by Coinbase designed for large-scale cryptocurrency transactions.
  • Bitcoin ETF: An exchange-traded fund that tracks the price of Bitcoin, enabling investors to gain exposure without directly holding the asset.
  • BTC: Ticker symbol for Bitcoin, the first and largest cryptocurrency by market capitalization.