Recently, BlackRock deposited 1,385 $BTC (worth about US$126.3 million) and 799 $ETH (worth roughly US$2.5 million) into Coinbase. X (formerly Twitter

This move comes in the backdrop of several large transfers by BlackRock — part of a pattern of institutional activity involving crypto deposits to Coinbase Prime. Bitget+2Crypto Research Report+2

The fact that BlackRock — one of the largest asset managers globally — is making such transfers signals major institutional confidence and deeper integration of traditional finance (“TradFi”) with crypto