BlackRock-linked wallets move over $430 million in bitcoin, ether to Coinbase Prime
Market Intelligence Analysis
AI-PoweredBlackRock-linked wallets have moved over $430 million in bitcoin and ether to Coinbase Prime, indicating significant activity tied to the company's spot ETFs. This development echoes earlier January flows, suggesting a continued interest in cryptocurrency investments. The onchain data highlights the growing involvement of institutional investors in the crypto market.
Market impact analysis based on bullish sentiment with 90% confidence.
Article Context
Onchain data shows sizable bitcoin and ether movements tied to BlackRock’s spot ETFs, echoing earlier January flows tied to creation and redemption activity.
Analysis and insights provided by AnalystMarkets AI.