BlackRock Moves Over $120M in Bitcoin and Ethereum to Coinbase Prime

Generado por agente de IAJax MercerRevisado porTianhao Xu
viernes, 2 de enero de 2026, 7:29 am ET1 min de lectura

BlackRock’s institutional wallet transferred 1,134

and 7,255 to Coinbase Prime, .

This move occurred as the firm’s Bitcoin and Ethereum ETFs,

and , in recent weeks.

BlackRock’s IBIT, the largest Bitcoin ETF by assets under management, holds nearly 770,800 BTC,

.

Why Did This Happen?

BlackRock’s transfer aligns with broader outflows from crypto ETFs in early 2026. Bitcoin and Ethereum ETFs saw declining inflows in late 2025,

of $192.61 million in one session.

The firm’s Ethereum ETF (ETHA) also recorded outflows of $22.12 million during the same period.

How Are ETFs Performing in 2025?

of nearly $32 billion in crypto ETF inflows, with BlackRock’s IBIT receiving the lion’s share.

BlackRock’s IBIT accumulated $24.7 billion in net inflows for the year, while other Bitcoin ETFs faced combined outflows of $3.1 billion.

in 2025, with BlackRock’s ETHA taking the lead.

What Are Analysts Watching Next?

The move highlights growing institutional activity in on-chain custody solutions like Coinbase Prime,

.

Market watchers are

will persist or reverse amid potential regulatory shifts and investor sentiment.

BlackRock’s actions may also influence future demand for Ethereum and Bitcoin, as large transfers to custody can reduce circulating supply.

in December 2025, signaling caution ahead of 2026.

Analysts note that 2026 could bring more crypto ETF launches,

and altering asset flows.

author avatar
Jax Mercer

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