BlackRock-linked wallets move over $430 million in bitcoin, ether to Coinbase Prime

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Why This Matters

BlackRock-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

Market impact analysis based on bullish sentiment with 90% confidence.

Sentiment
Bullish
AI Confidence
90%
Time Horizon
Short Term

Article Context

Note: This is a brief excerpt for context. Click below to read the full article on the original source.

Onchain data shows sizable bitcoin and ether movements tied to BlackRock’s spot ETFs, echoing earlier January flows tied to creation and redemption activity.

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Full article on CoinDesk
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Original article published by CoinDesk on January 22, 2026.
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