The post BlackRock deposits 1,271 Bitcoin worth $135 million into Coinbase appeared on BitcoinEthereumNews.com. Key Takeaways BlackRock deposited 1,271 Bitcoin worth approximately $135 million into Coinbase. The transfer is part of BlackRock’s ongoing institutional cryptocurrency portfolio management. BlackRock, a major asset manager actively managing institutional cryptocurrency holdings through spot Bitcoin ETFs, deposited 1,271 Bitcoin worth nearly $135 million into Coinbase today. The transfer to Coinbase, a leading cryptocurrency exchange platform facilitating large-scale institutional deposits, comes amid broader market uncertainty. BlackRock has been executing repeated transfers of Bitcoin and Ethereum to Coinbase Prime as part of deliberate portfolio management strategies. These deposits came amid growing optimism following reports of a possible end to the 40-day US government shutdown. On Sunday, the Senate approved a bipartisan funding deal that could allow federal agencies to fully reopen as soon as the measure is passed by the House of Representatives and signed into law by President Donald Trump. Source: https://cryptobriefing.com/blackrock-deposits-1271-bitcoin-worth-135-million-coinbase/The post BlackRock deposits 1,271 Bitcoin worth $135 million into Coinbase appeared on BitcoinEthereumNews.com. Key Takeaways BlackRock deposited 1,271 Bitcoin worth approximately $135 million into Coinbase. The transfer is part of BlackRock’s ongoing institutional cryptocurrency portfolio management. BlackRock, a major asset manager actively managing institutional cryptocurrency holdings through spot Bitcoin ETFs, deposited 1,271 Bitcoin worth nearly $135 million into Coinbase today. The transfer to Coinbase, a leading cryptocurrency exchange platform facilitating large-scale institutional deposits, comes amid broader market uncertainty. BlackRock has been executing repeated transfers of Bitcoin and Ethereum to Coinbase Prime as part of deliberate portfolio management strategies. These deposits came amid growing optimism following reports of a possible end to the 40-day US government shutdown. On Sunday, the Senate approved a bipartisan funding deal that could allow federal agencies to fully reopen as soon as the measure is passed by the House of Representatives and signed into law by President Donald Trump. Source: https://cryptobriefing.com/blackrock-deposits-1271-bitcoin-worth-135-million-coinbase/