24/7 Cryptocurrency News

BlackRock Moves $195M ETH and $101M BTC Amid Mixed Crypto ETF Flows

BlackRock moved ETH and BTC into Coinbase while its ETFs recorded mixed performance. ETH and BTC prices still rose.
Published by
BlackRock Moves $195M ETH and $101M BTC Amid Mixed Crypto ETF Flows

Highlights

  • BlackRock reallocated $297 million BTC and ETH deposits to Coinbase prime.
  • IBIT ETF received inflows in a total value of $25.48 million but ETHA ETF experienced outflows of $192.7 million.
  • ETH price increased by 1.11 per cent even as BTC price rose slightly.

BlackRock executed significant transfers of Bitcoin and Ethereum into Coinbase Prime on Tuesday, underscoring the scale of institutional activity. The firm’s ETF-linked wallets deposited 900 BTC worth $101.67 million and 44,774 ETH worth $195.29 million.

Advertisement

BlackRock Bitcoin ETF Sees Inflows as Ethereum ETF Faces Heavy Outflows

Arkham data revealed three separate Bitcoin transfers of 300 BTC each, alongside four Ethereum transfers of 10,000 ETH and one of 4,774 ETH. All were sent to Coinbase Prime, the preferred custodian for large-scale institutional inflows. The combined $297 million deposit solidifies Coinbase as the top institutional gateway to regulated digital asset exposure.

The scale of these deposits coincided with contrasting ETF performance. IBIT registered fresh inflows of $25.48 million on the same day. This highlights its momentum as the BlackRock Bitcoin ETF recently surpassed $90 billion in assets under management

BlackRock Ethereum ETF (ETHA), however, posted outflows of $192.7 million, marking one of the largest single-day redemptions since launch. The outflow was exactly 44,774 Ethereum, the same amount was moved into Coinbase Prime accounts. This is in line with the $447 million outflows recorded by spot Ethereum ETFs recently.

This split is a sign of widening sentiment among Bitcoin and Ethereum ETF investors. IBIT continues to draw consistent capital, but ETHA is under redemption pressure despite recent ETH price performance. The difference implies that institutions are conservative with exposures to Ethereum despite its price movement upwards.

Advertisement

Ethereum Price Strength Aligns With Fidelity Inflows But Contrasts Blackrock Outflows

Fidelity FETH ETF recorded inflows of $75.15 million but remains small compared to BlackRock’s withdrawals. The Grayscale ETHE also contributed $9.55 million to the net flows for ETH ETFs.

This rotation is evidence that Ethereum ETFs demand is still active, though investors may be switching between issuers instead of leaving Ethereum exposure altogether. On-chain transfers confirm underlying assets are being held in custodian accounts, but ETF data points to differing investor sentiment.

Besides the performance of the BlackRock ETFs, price action adds another layer of context. After climbing 0.53% on the day, Bitcoin trades around $112,668 at the time of writing. Also, the price of Ethereum climbed 1.11% to trade at $4,351. Ethereum price strength contrasted with heavy ETHA withdrawals and raised questions about whether outflows were profit-taking or reallocation into other funds.

On longer time frames, Ethereum price performance has been better than that of Bitcoin price. ETH gained 128% over six months compared to Bitcoin’s 34.6%. Year-to-date, Ethereum rose 30.7% while Bitcoin advanced 20.7%.

Ethereum rebounded sharply from near $4,300 to close above $4,350, signaling strong buyer support.
Advertisement

Share
Paul

Paul Adedoyin is a crypto journalist with 4+ years experience who provides timely news, in-depth research, and insightful content to inform and empower his audience. His works have been featured on sites such as CryptoMode, CryptoNewsFlash among others. He holds a degree in Geophysics from OAU, Nigeria. When he's not writing, he loves watching soccer and reading educative journals. He can be reached via paul@coingape.com

Published by
Why trust CoinGape: CoinGape has covered the cryptocurrency industry since 2017, aiming to provide informative insights to our readers. Our journalists and analysts bring years of experience in market analysis and blockchain technology to ensure factual accuracy and balanced reporting. By following our Editorial Policy, our writers verify every source, fact-check each story, rely on reputable sources, and attribute quotes and media correctly. We also follow a rigorous Review Methodology when evaluating exchanges and tools. From emerging blockchain projects and coin launches to industry events and technical developments, we cover all facets of the digital asset space with unwavering commitment to timely, relevant information.
Investment disclaimer: The content reflects the author’s personal views and current market conditions. Please conduct your own research before investing in cryptocurrencies, as neither the author nor the publication is responsible for any financial losses.
Ad Disclosure: This site may feature sponsored content and affiliate links. All advertisements are clearly labeled, and ad partners have no influence over our editorial content.

Recent Posts

  • 24/7 Cryptocurrency News

Solana Price Rallies 5% as Nasdaq-listed VisionSys Launches $2B SOL Treasury Strategy

Solana increased in price by 5% to approximately $219 following a $2 billion Solana treasury…

October 2, 2025
  • 24/7 Cryptocurrency News

XRP Ledger Rolls Out MPT Standard for Real-World Asset Tokenization

The XRP Ledger (XRPL) has launched the Multi-Purpose Token (MPT) standard, designed to simplify and…

October 1, 2025
  • 24/7 Cryptocurrency News

SEC Puts Crypto ETF Approvals On Hold Following U.S. Government Shutdown

The U.S. Securities and Exchange Commission has announced plans to streamline its operations amid the…

October 1, 2025
  • 24/7 Cryptocurrency News

Pi Network Adds DEX and AMM Features To Expand Pi Coin’s Utility

Pi Network has now added two new features to its Testnet. These are a decentralized…

October 1, 2025
  • 24/7 Cryptocurrency News

October Fed Rate Cut Odds Rise After Weak U.S. Labor Data, Bitcoin Surges

U.S. private payrolls unexpectedly fell in September, raising market bets that the Federal Reserve will…

October 1, 2025
  • 24/7 Cryptocurrency News

Hashdex Adds Cardano to Crypto Index Fund as ADA Gains SEC Listing Eligibility

Asset manager Hashdex has officially included Cardano in its Nasdaq Crypto Index U.S. ETF. This…

October 1, 2025