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BlackRock Deposits 566.88 BTC and 7,552 ETH Worth Over $55M Into Coinbase (March 12)

BlackRock transferred 566.88 BTC and 7,552 ETH valued at more than $55 million to Coinbase on March 12, 2026.

Sathish Kumar Kaliraj by Sathish Kumar Kaliraj
March 12, 2026
in Market Updates
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BlackRock Deposits 566.88 BTC and 7,552 ETH Worth Over $55M Into Coinbase

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

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  • BlackRock deposited 566.88 BTC worth $39.64M into Coinbase.
  • The transaction also included 7,552 ETH valued at $15.52M.
  • The deposits were recorded on March 12, 2026 at 10:17:58 UTC.
  • The combined value of the assets transferred exceeds $55 million.
BlackRock Deposits 566.88 BTC and 7,552 ETH
BlackRock Deposits 566.88 BTC and 7,552 ETH

BlackRock Deposits Bitcoin and Ethereum to Coinbase: On March 12, 2026 at 10:17:58 UTC, BlackRock deposited 566.88 BTC into Coinbase. The Bitcoin transfer was valued at $39.64 million at the time of the transaction. The deposit involved a significant amount of Bitcoin being moved to the cryptocurrency exchange in a single transaction.

Ethereum Transfer Included in the Same Deposit: Along with Bitcoin, BlackRock also deposited 7,552 ETH into Coinbase during the same recorded transaction. The Ethereum transfer was valued at $15.52 million.

Combined Value of the Transaction

The total value of the assets transferred to Coinbase in this deposit exceeded $55 million.

The transaction included two digital assets:

  • 566.88 BTC – $39.64 million
  • 7,552 ETH – $15.52 million

Both transfers were recorded at 10:17:58 UTC on March 12, 2026, indicating the movement of Bitcoin and Ethereum to Coinbase at the same time. Recently, BlackRock deposited 1,133.78 BTC into Coinbase on March 10 in a recorded on-chain transaction.

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.

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