BlackRock moves $110M in Bitcoin and $78M in Ethereum to Coinbase Prime

BlackRock's significant crypto transfers to Coinbase Prime may signal increased institutional confidence and influence in the digital asset market.

By Vivian Nguyen

Dec. 8, 2025 Updated 1:24 p.m. ET

BlackRock deposited 1,198 Bitcoin worth around $110 million and 24,792 Ethereum worth about $78 million to Coinbase Prime today, according to Arkham Intelligence data.

The asset manager’s latest transfers came amid Bitcoin’s rally to $92,000. The digital asset was trading at $91,767 at press time, up approximately 3% in the last 24 hours, per CoinGecko.

BlackRock’s on-chain movements often draw scrutiny given the firm manages the world’s leading Bitcoin and Ethereum investment products.

Its ETFs have shown mixed momentum in recent weeks. The IBIT fund saw $49 million in net outflows last week, while its Ethereum ETF shed $82.5 million, according to Farside Investors.

BlackRock moves $110M in Bitcoin and $78M in Ethereum to Coinbase Prime

BlackRock's significant crypto transfers to Coinbase Prime may signal increased institutional confidence and influence in the digital asset market.

by Vivian Nguyen | Powered by Gloria

Dec. 8, 2025

Photo by Noah Berger

BlackRock deposited 1,198 Bitcoin worth around $110 million and 24,792 Ethereum worth about $78 million to Coinbase Prime today, according to Arkham Intelligence data.

The asset manager’s latest transfers came amid Bitcoin’s rally to $92,000. The digital asset was trading at $91,767 at press time, up approximately 3% in the last 24 hours, per CoinGecko.

BlackRock’s on-chain movements often draw scrutiny given the firm manages the world’s leading Bitcoin and Ethereum investment products.

Its ETFs have shown mixed momentum in recent weeks. The IBIT fund saw $49 million in net outflows last week, while its Ethereum ETF shed $82.5 million, according to Farside Investors.