BlackRock deposits $222M in Bitcoin and $137M in Ether into Coinbase Prime
PositiveCryptocurrency

BlackRock's recent deposits of $222 million in Bitcoin and $137 million in Ether into Coinbase Prime may reflect a significant shift in institutional interest towards cryptocurrencies. This trend is further supported by a reported $524 million inflow into Bitcoin ETFs, led by firms like BlackRock and Fidelity, suggesting a growing acceptance of digital assets in mainstream finance. However, the market remains volatile, with Bitcoin recently dropping below the $105,000 mark, raising concerns among traders. The interplay between institutional investments and market fluctuations will be crucial in determining the future stability of the crypto landscape.
— via World Pulse Now AI Editorial System







