BlackRock, the world’s largest asset manager, deposited approximately 2,043 Bitcoin (BTC) and 22,681 Ethereum (ETH) into Coinbase Prime on Tuesday, November 4. The transfer was worth $213 million in Bitcoin and $80 million in Ethereum, or $293 million in total, according to data Finbold reviewed on Arkham. As of the time of writing, BlackRock holds $97 billion in crypto, of which 86% are in BTC and around 14% in ETH. As usual, the deposit has sparked significant interest among traders regarding potential shifts in institutional flows, as well as fear…
Read MoreInvestors fear BlackRock will dump these two cryptocurrencies
