Market Capitalization:2 217 820 179 984,6 USD
Vol. in 24 hours:111 214 080 165,62 USD
Dominance:BTC 57,91%
ETH:10,1%
Market Capitalization:2 217 820 179 984,6 USD
Vol. in 24 hours:111 214 080 165,62 USD
Dominance:BTC 57,91%
ETH:10,1%
Market Capitalization:2 217 820 179 984,6 USD
Vol. in 24 hours:111 214 080 165,62 USD
Dominance:BTC 57,91%
ETH:10,1%
Market Capitalization:2 217 820 179 984,6 USD
Vol. in 24 hours:111 214 080 165,62 USD
Dominance:BTC 57,91%
ETH:10,1%
Market Capitalization:2 217 820 179 984,6 USD
Vol. in 24 hours:111 214 080 165,62 USD
Dominance:BTC 57,91%
ETH:10,1%
Market Capitalization:2 217 820 179 984,6 USD
Vol. in 24 hours:111 214 080 165,62 USD
Dominance:BTC 57,91%
ETH:10,1%
Market Capitalization:2 217 820 179 984,6 USD
Vol. in 24 hours:111 214 080 165,62 USD
Dominance:BTC 57,91%
ETH:10,1%
Market Capitalization:2 217 820 179 984,6 USD
Vol. in 24 hours:111 214 080 165,62 USD
Dominance:BTC 57,91%
ETH:10,1%
Market Capitalization:2 217 820 179 984,6 USD
Vol. in 24 hours:111 214 080 165,62 USD
Dominance:BTC 57,91%
ETH:10,1%
Market Capitalization:2 217 820 179 984,6 USD
Vol. in 24 hours:111 214 080 165,62 USD
Dominance:BTC 57,91%
ETH:10,1%
Yes
>>BlackRock’s $89.5 million deposit into Coinbase Prime signals a massive show of confidence in cryptocurrency.

BlackRock’s $89.5 million deposit into Coinbase Prime signals a massive show of confidence in cryptocurrency.

crypthub
BlackRock’s $89.5 million deposit into Coinbase Prime signals a massive show of confidence in cryptocurrency.

BlackRock Transfers $89.5M to Coinbase Prime

BlackRock moved $89.5 million in Bitcoin and Ethereum to Coinbase Prime in early 2025. The transfer included 1,134 BTC (about $75 M) and 7,553 ETH (about $14.5 M). This action follows the launch of its iShares Bitcoin Trust spot ETF. It signals a deeper operational commitment to digital assets.

Why Coinbase Prime Matters

Coinbase Prime is a regulated, white‑glove brokerage designed for hedge funds, asset managers and corporates. It offers cold‑storage custody, block‑trade execution, reporting tools and yield‑generating services. Choosing this U.S. platform shows BlackRock’s preference for secure, compliant infrastructure. Other institutions such as MicroStrategy already use similar services.

Strategic Implications for Traditional Finance

The $75 M Bitcoin allocation, though small versus BlackRock’s trillion‑dollar AUM, represents a meaningful operational stake. Including Ethereum indicates a move beyond a Bitcoin‑only strategy toward broader smart‑contract exposure. The timing aligns with clearer U.S. regulations, giving large firms confidence to manage on‑chain portfolios directly.

Market Ripple Effects

The visible on‑chain transfer boosts institutional demand and improves market sentiment. It validates the security of crypto custody and may encourage other asset managers and pension funds to follow suit. As such transactions become routine, cryptocurrency is likely to cement its role in diversified global finance.