BlackRock Deposits $187M in Bitcoin to Coinbase Prime

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BlackRock transferred 2,990 BTC worth $187.3 million to Coinbase Prime about an hour ago. Arkham data cited by Onchain Lens showed the transfer. The deposit is likely part of spot Bitcoin ETF operations after about $185.5 million in IBIT outflows on July 13.
BLK-0.46%
BTC3.12%
COIN2.62%
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