BlackRock shifts $428M in BTC and ETH to Coinbase; $118.64M ETF outflow
BlackRock-linked wallets moved 2,292 BTC and 9,976 ETH to Coinbase, valued around $428 million. Its Bitcoin ETF recorded a $118.64 million outflow on Monday, and the latest transfer came roughly 24 hours after a prior deposit. During the move, major coins fell, with Bitcoin and Ethereum down 0.49% and 0.56% over the last day.