BlackRock executes large liquidity transfer to Coinbase Prime
BlackRock shifts 249.16 $BTC (15.65M) and 301.76 $ETH (566K) from its ETF wallets to
@Coinbase Prime via IBIT and ETHA exchanges.
This transfer, which took place 3 hours ago, is part of a strategy to adjust ETF reserves to facilitate settlement and NAV calculation.