BlackRock sends $276M in Bitcoin and $83M in Ethereum to Coinbase Prime
Key receivers
BlackRock transferred $276M in Bitcoin and $83M in Ethereum to Coinbase Prime. The transfers come at a time when ETF flows have shifted from strong inflows to sharp outflows in early 2026.
Share this article
BlackRock, an international investment management firm, about 3,064 Bitcoin, worth approximately $276 million along with 26,723 Ethereum worth more than $83 million, to Coinbase Prime today, according to information from Arkham Intelligence.
The most recent moves were in early 2026 when ETF inflows turned volatile, with strong inflows quickly giving way to higher inflows in early January. After strong buying on January 2 and January 5, sentiment reversed sharply on January 6 and January 7, resulting in net outflows for the period, according to offshore investors.
IBIT, BlackRock's Bitcoin ETF, posted $130 million in redemptions yesterday while US spot Bitcoin funds suffered net outflows of $486 million.
