BlackRock Commits $1 Billion to Bitcoin and Ethereum, Transfers to Coinbase Prime

BlackRock has acquired over $1 billion in Bitcoin and Ethereum. The firm also transferred hundreds of millions in digital assets to Coinbase Prime, signaling sustained institutional commitment amid market flux. On January 8, 2026, BlackRock purchased $1.027 billion in Bitcoin and Ethereum despite prevailing market volatility. Concurrently, the firm moved $318 million in cryptocurrencies to Coinbase. This included $276 million in Bitcoin and $83 million in Ethereum sent to Coinbase Prime, totaling $359 million in those specific transfers. These moves highlight a preference for regulated and secure custody solutions. Why this matters now: These substantial institutional moves by BlackRock, occurring during a period some outlets referred to as an.

Comments

Popular posts from this blog

Bitcoin Price Predictions for 2025: Can BTC Really Reach $100,000?

#Silver Breaches $75 Mark, Gold and Platinum Hit Records Amid Thin Holiday Trading

Crypto Daily – Breaking Bitcoin News