🚨 BlackRock surprises the markets with a massive move towards Coinbase Prime!
In a move considered one of the strongest signals of the accelerating adoption of digital currencies by institutions, the BlackRock Ethereum ETF executed a massive transfer worth $78.3 million, transferring 24,791 ETH directly to the Coinbase Prime platform designated for institutional investors.
This move is not just a large transaction…
It is an extraordinary vote of confidence from the largest asset manager in the world towards the future of Ethereum, and a clear readiness for the operational phase of its new fund (ETHA).
🔍 What does this mean for the market?
A massive influx of institutional liquidity that could enhance market stability.
The imminent launch of BlackRock's Ethereum spot fund.
A strong indicator of Wall Street's official transition to the crypto world.
The potential for billions of dollars in flows into the Ethereum network.
📈 The result?
The market receives a clear bullish signal, and institutions are no longer “studying” entry… but have already begun to move funds
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