Exchange Listing
BlackRock Transfers Bitcoin and Ethereum to Coinbase Prime
BlackRock, a major investment firm, transferred approximately $482.66 million in Bitcoin and Ethereum to Coinbase Prime on November 9. The transfer included 5,320 BTC worth $396.49 million and 40,715.19 ETH valued at $86.17 million. The largest transfer involved 2,100 BTC worth approximately $156.29 million. US spot Bitcoin ETFs recorded $1.28 billion in net outflows between November 2 and 6, with BlackRock’s iShares Bitcoin Trust accounting for nearly $1.21 billion. BlackRock also filed with the SEC to register the iShares Bitcoin Managed Protection ETF, which would use options tied to iShares Bitcoin Trust, alongside cash and short-term bonds to limit losses during market declines.