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BlackRock moves $172 million in BTC and ETH to Coinbase Prime

BlackRock transferred 861 Bitcoin and 44,700 Ethereum to Coinbase Prime custody on May 13, signaling institutional demand for secure crypto storage and potential on-chain activity. The move highlights growing institutional participation in crypto markets despite broader BTC and ETH ETF outflows.

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Rocky take

BlackRock moves $172 million in BTC and ETH to Coinbase Prime has gained +0% in mention volume over the past 24 hours. Sentiment is constructive. Coverage is led by tier-1 financial press with cross-platform amplification.

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