BlackRock moved over $400M in BTC and ETH to Coinbase Prime after ~$1.2B U.S. Bitcoin ETF outflows
first published 2026-01-22T13:52:40Z
Wallets linked to BlackRock moved more than $430 million worth of bitcoin and ether to Coinbase Prime.
AI Analysis
The report states that wallets linked to BlackRock transferred over $430 million in bitcoin and ether to Coinbase Prime. The size and destination of the transfer are the only facts cited; sentiment is slightly negative and impact is moderate based on the large, exchange-directed movement.
Expected Investor Sentiment: Neutral
Potential Market Impact: High
Source Articles
- BlackRock-linked wallets move over $430 million in bitcoin, ether to Coinbase Prime - CoinDesk
- $603 Million in Bitcoin and Ethereum, Biggest BlackRock Sale Underway - U.Today
- Bitcoin Struggles to Hold $90,000 Despite Stocks and Gold Rallying - The Defiant
- Powerful Pro-Bitcoin BlackRock Exec Could Become Next Fed Chair - U.Today