BlackRock, one of the world's largest asset management firms, has recently transferred a substantial amount of $192 million worth of Bitcoin to Coinbase, a leading cryptocurrency exchange. This move comes amidst a significant trend of outflows from exchange-traded funds (ETFs) that has been intensifying. In this article, we will delve into the details surrounding this transaction, examine the implications of these ETF outflows, and explore what this might mean for the future of cryptocurrency investment and the market as a whole.
source: https://blocknews.com/blackrock-moves-192m-in-bitcoin-to-coinbase-as-etf-outflows-deepen-here-is-what-we-know/