BlackRock sends $276M in Bitcoin and $83M in Ethereum to Coinbase Prime
1 day ago
Key Takeaways
The latest transfers come as ETF f
BlackRock sends $276M in Bitcoin and $83M in Ethereum to Coinbase Prime
Key Takeaways
The latest transfers come as ETF flows in early 2026 turned volatile, with strong inflows at the start of January quickly giving way to sharp outflows. After solid buying on Jan 2 and Jan 5, sentiment reversed sharply on Jan 6 and Jan 7, resulting in net outflows for the period, per Farside Investors.
IBIT, BlackRock’s Bitcoin ETF, posted $130 million in redemptions yesterday as US spot Bitcoin funds suffered $486 million in net outflows, their biggest daily outflow since late November.
