BlackRock Moves $96.5 Million In Bitcoin To Coinbase, Onchain Data Shows

BlackRock deposited 1,564 BTC worth $96.5M to Coinbase, likely for spot Bitcoin ETF redemptions. Onchain Lens reports the transaction.

Details:

• Published: 10/06/2026 15:40 (UTC)
• 📊 Characteristics Score:

  Asset Type: treasury Sentiment: 0.05 Entropy: 0.15 Relevance: 0.8 Staleness: 0.2 Uncertainty: 0.1 Level-1 Focus: institutional-adoption, asset-types, public-market-access Level-2 Focus: asset-manager-initiatives, financial-instruments, bitcoin-etf

• 🏷️ Tags: #blackrock #bitcoin etf #coinbase #onchain data #ibtc #etf redemptions #institutional flows #asset manager

Source: https://rwatimes.io/articles/bitcoinworld-black-rock-moves-96-5-million-in-bitcoin-to-coinbase-onchain-data-shows-109821505?utm_source=reddit&utm_medium=social&utm_campaign=reddit

Posted from RWA Times Bot