BlackRock Moves 2,200 BTC and 2,417 ETH to Coinbase

Published at 2026-03-09 17:45:24

Institutional giant BlackRock moved 2,200 BTC and 2,417 ETH to Coinbase on Monday, amounts that total roughly $153 million according to on‑chain tracking. The transfers occurred amid robust ETF inflows and ongoing progress with regulatory filings, suggesting the assets were repositioned from custody into exchange addresses possibly to support trading or liquidity needs.

Although the quantities are modest relative to global market supply, the transfer is notable for signaling active institutional management and confidence in market infrastructure. Market participants will watch for further large on‑chain movements from asset managers, which can both add short‑term exchange liquidity and reflect longer‑term adoption trends. Given the current ETF momentum, similar flows could influence intraday liquidity and price dynamics, while underscoring the growing role of regulated exchanges in institutional crypto operations.

BitcoinEthereumBlackRockCoinbaseETF
Share on:

Related news

Hyperliquid’s HYPE Hits ATH Versus Coinbase Shares, $8.28B Volume Recorded

Hyperliquid’s HYPE reached a record high against Coinbase shares as the HYPE/COIN ratio climbed to 0.2514, according to TradingView. The move was accompanied by $8.28 billion in trading volume, highlighting intense market interest in the pair.

CoinbaseVolumeHyperliquidTradingView
Published at 2026-04-10 16:45:54
Exodus Launches 'Exodus Pay' to Turn Bitcoin Wallet into Spending App

Exodus has launched 'Exodus Pay,' enabling users to spend BTC directly from their self-custodial wallet. The update aims to make holding and spending Bitcoin more seamless without moving funds to custodial services.

ExodusPaymentsSelf-CustodyBitcoinWallets
Published at 2026-04-10 16:45:35
Aethir Stops Bridge Exploit, Vows Compensation After Under $90K Loss

Aethir says it halted a bridge exploit on its Ethereum-linked contracts, keeping losses below $90,000. Security firm PeckShield had earlier estimated the damage at about $400,000; Aethir pledged to compensate affected users.

BridgeEthereumSecurityPeckShieldAethirATH
Published at 2026-04-10 11:15:12
Cango Sells 2,000 BTC Amid Miner Pivot to AI, Global Hashrate Drops 17%

Cango offloaded 2,000 BTC in a strategic deleveraging as the global Bitcoin hashrate fell about 17%, raising questions over whether this signals a buying opportunity or a warning. The move coincides with miners reallocating capital toward AI hardware, adding near-term sell pressure to BTC markets.

MiningAIDeleveragingHashrateBitcoin
Published at 2026-04-10 05:45:15
Morgan Stanley’s Cut-Rate Bitcoin ETF Sparks Industry Fee War

Morgan Stanley launched the MSBT Bitcoin ETF with a 0.14% fee, undercutting BlackRock’s IBIT and intensifying an issuer fee war. The move could shift investor flows and compress margins across the digital-asset ETF market.

ETFInstitutionalFeesMorgan StanleyBitcoin
Published at 2026-04-10 00:45:09
No tags to show yet.