🔹 BlackRock deposited 2,405 $BTC (≈ $217 million) into Coinbase.
🔹 BlackRock also deposited 24,760 $ETH (≈ $76.6 million) into Coinbase. Such large-scale exchange transfers are closely monitored as an important data point for market liquidity and institutional risk appetite. Especially when a major asset manager like BlackRock is seen actively increasing its exposure to Bitcoin and Ethereum, this can influence overall investor sentiment.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
🔹 BlackRock deposited 2,405 $BTC (≈ $217 million) into Coinbase.
🔹 BlackRock also deposited 24,760 $ETH (≈ $76.6 million) into Coinbase.
Such large-scale exchange transfers are closely monitored as an important data point for market liquidity and institutional risk appetite. Especially when a major asset manager like BlackRock is seen actively increasing its exposure to Bitcoin and Ethereum, this can influence overall investor sentiment.
⚠️ Not investment advice.
#crypto #bitcoin #BTC #ethereum #ETH