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BlackRock Deposits 2,750 BTC and 12,397 ETH Worth Over $218M Into Coinbase (March 6)

Transaction on March 6, 2026 records major crypto transfers of Bitcoin and Ethereum to Coinbase.

Sathish Kumar Kaliraj by Sathish Kumar Kaliraj
March 6, 2026
in Market Updates
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BlackRock Deposits 2,750 BTC and 12,397 ETH Worth Over $218M Into Coinbase (March 6)

BlackRock Investment Management & Financial Services” by Anthony Quintano, CC BY 2.0

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  • BlackRock deposited 2,750 BTC valued at $194.04M.
  • 12,397 ETH worth $24M was also transferred.
  • The deposits were sent to Coinbase.
  • The transaction occurred on March 6, 2026 at 11:42:34 UTC.
  • The combined value of the transfers exceeded $218 million.
BlackRock Deposits 2,750 BTC and 12,397 ETH Worth Over $218M Into Coinbase
BlackRock Deposits 2,750 BTC and 12,397 ETH Worth Over $218M Into Coinbase

A transaction recorded on March 6, 2026 at 11:42:34 UTC shows that BlackRock deposited 2,750 BTC and 12,397 ETH into Coinbase. The combined value of the digital assets transferred exceeded $218 million based on the recorded figures, In a previous transaction, BlackRock moved 4,716 BTC to Coinbase.

The deposit included 2,750 Bitcoin (BTC) with a reported value of $194.04 million. This transfer formed the largest portion of the total assets moved in the transaction.

Alongside Bitcoin, the transaction also included 12,397 Ethereum (ETH). The Ethereum transferred in the same operation carried a recorded value of $24 million.

Overview

Both assets were deposited directly into Coinbase as part of the same transaction event. The transfer included two separate cryptocurrency quantities but occurred at the same recorded timestamp. The Bitcoin portion of the transaction represented the majority of the total value. With $194.04 million in BTC, it accounted for most of the funds deposited in the transfer.

The Ethereum component contributed $24 million in value, based on the recorded figure attached to the 12,397 ETH transferred in the transaction. The total combined value of the assets deposited reached approximately $218.04 million, calculated from the values listed for the Bitcoin and Ethereum amounts.

The transaction details identify BlackRock as the entity responsible for the deposits. The destination for the transfer was the cryptocurrency exchange Coinbase. The event included two major digital assets: Bitcoin (BTC) and Ethereum (ETH). Each asset was transferred in a specific quantity and associated with a stated value at the time of the recorded transaction. The movement consisted of a 2,750 BTC deposit and a 12,397 ETH deposit, both directed to Coinbase as part of the same transaction.

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Disclaimer: Cryip is an independent media and research outlet providing news, data, and analysis on the cryptocurrency industry. Content is for informational and research purposes only and does not constitute financial, legal, tax, or investment advice. Cryptocurrency markets are volatile and past performance is not indicative of future results. References to specific assets, platforms, or incidents are for journalistic purposes only and do not imply endorsement, and readers assume full responsibility for their decisions.
Tags: BitcoinBlackRockBTCCoinbaseEthereum

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