BlackRock Moves $100.77 Million in Bitcoin to Coinbase Prime via Bitcoin ETF IBIT
BlackRock clients injected $470M into Bitcoin and Ethereum spot ETFs on the 15th, reinforcing 2026’s upward crypto trend with strong institutional and retail participation.
BTC
ETH
Summary
BlackRock clients purchased approximately $320 million in Bitcoin and $150 million in Ethereum via spot ETFs on January 15. Both BTC and ETH have maintained an overall upward trajectory in 2026, despite intermittent declines, attracting growing institutional and retail inflows. This comes as BlackRock continues large-scale crypto repositioning, including recent massive withdrawals from Coinbase involving BTC and ETH through its Bitcoin ETF IBIT and institutional custody on Coinbase Prime.
Terms & Concepts
- BTC: Abbreviation for Bitcoin, the first and most widely used decentralized cryptocurrency.
- Bitcoin ETF: An exchange-traded fund that tracks the price of Bitcoin, allowing institutional investors to gain exposure to the cryptocurrency without directly holding it.
- Coinbase Prime: An institutional-focused platform by Coinbase offering advanced trading, custody, and financing for cryptocurrencies.