BlackRock Moves 8,700 ETH to Coinbase Prime Worth $15.8M
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Key points of the news: BlackRock transferred 8,700 ETH valued at almost $15.81 million to Coinbase Prime, according to the blockchain tracker Onchain Lens. The operation coincided with the net outputs of BlackRock’s ETF ETHA for 7,240 ETH, equivalent to $12.67 million, registered on July 9. Ethereum’s ETFs record total outputs of $52.08 million, Fidelity’s FETH fund heads the retreats. BlackRock transferred 8,700 ETH, with an approximate value …
🚨 BlackRock moved 8,700 ETH to Coinbase Prime during the same period as outflows from the ETHA ETF. 📉 On July 9th, a total of $52.08 million flowed out of Ethereum ETFs, with the largest daily outflow seen in FETH. 📊 By June, net outflows from Ethereum ETFs had reached $690 million...
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