Degen

Data from the firm shows that BlackRock moved 5,362 bitcoins, worth about $561 million, out of its iShares Bitcoin Trust and into Coinbase Prime over the past two days.

The transfers occurred on May 30 and June 2, and appear to have been in the form of asset sales.

During the same period, BlackRock purchased 27,241 ethereum units from Coinbase, worth about $69.25 million.

Meanwhile, BlackRock’s Ethereum ETF saw a net inflow of $48.4 million on June 2. That’s compared to a total inflow of $78.17 million into Ethereum ETFs that day.