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BlackRock Moves $195M ETH and $101M BTC Amid Mixed Crypto ETF Flows
BlackRock transferred over $297 million worth of Ethereum (ETH) and Bitcoin (BTC) into Coinbase Prime as its ETFs showed uneven performance. While the company’s Bitcoin ETF saw steady inflows, the Ethereum ETF recorded one of its largest daily outflows. Despite this, ETH and BTC prices both continued to climb during the trading session. ETF Outflows Hit Ethereum While Bitcoin Fund Sees Fresh Inflows BlackRock moved 44,774 ETH worth around $195 million and 900 BTC worth approximately $101 million into Coinbase Prime on Tuesday. The assets were sent through multiple transactions, with Arkham Intelligence reporting ... (full story)
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