BlackRock ETF Address Deposits $286 Million in BTC and ETH to Coinbase Prime

A BlackRock ETF-related address reportedly deposited approximately $286 million worth of Bitcoin (BTC) and Ethereum (ETH), equivalent to about 39.2 billion won, into Coinbase Prime. Foresight News cited on-chain data to report the transaction by the BlackRock ETF address. The specific purpose of the transfer and detailed asset breakdown remain unconfirmed. Earlier, CoinDesk reported similar movements from a BlackRock spot ETF wallet to Coinbase Prime, suggesting potential operational transactions linked to ETF creation or redemption.