BlackRock Makes Major Move into Crypto
According to on-chain data tracked by Onchain Lens, BlackRock made a significant crypto transaction on January 28.
The world's largest asset manager sent 1,156.87 Bitcoin (BTC) valued at approximately $104 million and 19,644 Ether (ETH) worth about $59.23 million to Coinbase exchange.
- Bitcoin Deposit: 1,156.87 BTC ($104M)
- Ethereum Deposit: 19,644 ETH ($59.23M)
This substantial crypto movement indicates growing institutional interest in digital assets despite market volatility.