BlackRock Withdraws $62 Million in Cryptocurrency from Coinbase Prime
BlackRock, a leading global investment management firm, has withdrawn a total of 656.71 Bitcoin (BTC) and 5,150 Ethereum (ETH) from Coinbase Prime, a cryptocurrency exchange platform. The total value of this withdrawal is estimated to be around $62 million.
The cryptocurrency withdrawal includes approximately $49.79 million worth of Bitcoin and about $12.28 million in Ethereum, as reported by Onchain Lens. This move reflects BlackRock's ongoing engagement with the cryptocurrency market, which has seen increased institutional interest in recent years.
© 2026 KLEA News. All Rights Reserved. This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
Source: KLEA News