BlackRock has made a significant move by depositing 2,268 BTC, valued at $155.94 million, and 45,324 ETH, valued at $91.77 million, into Coinbase Prime. This action underscores the growing trend of institutional adoption of cryptocurrencies, with major firms like BlackRock enhancing their involvement in the digital asset space through direct holdings. Additionally, platforms such as Coinbase Prime are becoming popular among institutions for their secure storage solutions, reflecting the increasing regulatory clarity around crypto custody.
BlackRock deposits $155.94M in Bitcoin and $91.77M in Ethereum to Coinbase Prime
