BlackRock transfers $467M in Bitcoin and $176M in Ethereum to Coinbase
November 17, 2025
Home » Markets » BlackRock transfers $467M in Bitcoin and $176M in Ethereum to Coinbase
The transfers followed a rough Friday for BlackRock, when its Bitcoin ETF suffered a record $463 million outflow.
Photo: Pierre Borthiry
Key Takeaways
- BlackRock transferred $467 million in Bitcoin and $176 million in Ethereum to Coinbase.
- The transactions were facilitated through Coinbase Prime, which targets institutional clients.
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BlackRock transferred over 4,879 Bitcoin worth around $467 million and 54,730 Ethereum worth approximately $176 million to Coinbase Prime today, marking another significant institutional movement in digital assets.
Coinbase Prime serves as a key platform for BlackRock’s institutional-grade crypto transactions, providing the infrastructure needed for movements of this scale between the world’s largest asset manager and major crypto exchange.
The latest transfers come after BlackRock’s Bitcoin ETF logged its largest single-day outflow on Friday, with more than $463 million withdrawn by investors. The firm’s spot Ethereum product also recorded substantial withdrawals, driving aggregate outflows across the US spot crypto ETF market.
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