BlackRock Transfers 12,080 ETH and 113 BTC to Major Institutional Custodian

ETH-2.8%
BTC-2.16%

Gate News message, April 24 — BlackRock transferred 12,080 ETH worth approximately $27.94 million through its Ethereum spot ETF (ETHA) and 113.342 BTC worth $8.81 million through its Bitcoin ETF (IBIT) to a major institutional custodian address approximately two hours ago (April 24), according to Arkham data.

The transfers mark BlackRock’s first outflows in over a week, with the assets now held in institutional custody.

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