BlackRock Deposits $173M in BTC and ETH to Coinbase | Flash News Detail | Blockchain.News
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5/13/2026 11:05:00 AM

BlackRock Deposits $173M in BTC and ETH to Coinbase

BlackRock Deposits $173M in BTC and ETH to Coinbase

BlackRock moves 861 BTC worth $69.59M and 44,691 ETH valued at $103.15M into Coinbase, signaling potential further inflows amid Bitcoin market surges.

Source

Analysis

BlackRock just slammed 861 BTC ($69.59M) and 44,691 ETH ($103.15M) into Coinbase, with whispers of more on the way that could juice crypto ETF inflows. This whale move hits as Bitcoin price predictions heat up, potentially dodging a crypto market crash while echoing last quarter's Ethereum market movements where institutions piled in during volatility spikes. Traders eye this for broader impacts, especially with viral trends like TAO and Bitcoin hype driving sentiment, but BlackRock's play screams strategic accumulation ahead of regulatory shifts in the macro landscape.


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