BlackRock moves $21.8 million in BTC and ETH between wallets and ETHA fund

BlackRock transferred about $21.8 million in digital assets in a set of on-chain moves tracked by Onchain Lens. The transactions included a withdrawal of 226.5 BTC worth $14.4 million from the firm’s Coinbase Prime wallet and a deposit of 3,923 ETH worth $7.43 million into its ETHA fund. Such wallet activity is typically watched closely by crypto traders because movements involving large asset managers can offer clues about fund operations, custody flows, or portfolio rebalancing, though the transfers alone do not establish intent.

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