BlackRock transferred approximately $483 million in BTC and ETH to Coinbase.

According to Onchain Lens, BlackRock transferred 5,320 BTC and 40,720 ETH to Coinbase. Based on PANews’ figures, the BTC was worth about $396 million and the ETH about $86.17 million.

· The information provided gives only the transfer amounts and estimated values; it does not specify the purpose or any subsequent action.

· Before judging what this means, would you first check whether these assets remain in the exchange’s wallet?