- BlackRock's Bitcoin spot ETF, IBIT, has announced a deposit of 828 BTC into Coinbase.
- This marks the first deposit record since November 8, drawing attention in the Bitcoin market.
- BlackRock IBIT is currently reported to hold 553,162 BTC.
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828 BTC from BlackRock's Bitcoin (BTC) spot Exchange Traded Fund (ETF) IBIT has been deposited into the Coinbase exchange.
On the 23rd, on-chain analyst The Data Nerd announced via X (formerly Twitter) that "BlackRock IBIT deposited 828 BTC (approximately $79.57 million) into Coinbase around 21:40," stating, "This is the first deposit record since November 8."
Meanwhile, as of today, BlackRock IBIT holds 553,162 BTC.
Minseung Kang
minriver@bloomingbit.ioBloomingbit reporterPiCK News
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