Ethereum Outflows Prompt $15.81 Million BlackRock Transfer to Coinbase Prime
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In a significant financial maneuver, BlackRock has moved 8,700 Ethereum (ETH) valued at approximately $15.81 million to Coinbase Prime, a well-regarded platform for institutional trading, custody, and execution services. This movement aligns with a surge in outflows from BlackRock’s spot Ethereum ETF, signaling ongoing market volatility and tepid investor sentiment towards Ethereum-based investment platforms.
Continue Reading:Ethereum Outflows Prompt $15.81 Million BlackRock Transfer to Coinbase Prime
2h ago•
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Manage all your crypto, NFT and DeFi from one placeSecurely connect the portfolio you’re using to start.
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