Summary
- BlackRock's Bitcoin spot ETF, IBIT, has announced a deposit of 828 BTC into Coinbase.
- This marks the first deposit record since November 8, drawing attention in the Bitcoin market.
- BlackRock IBIT is currently reported to hold 553,162 BTC.
828 BTC from BlackRock's Bitcoin (BTC) spot Exchange Traded Fund (ETF) IBIT has been deposited into the Coinbase exchange.
On the 23rd, on-chain analyst The Data Nerd announced via X (formerly Twitter) that "BlackRock IBIT deposited 828 BTC (approximately $79.57 million) into Coinbase around 21:40," stating, "This is the first deposit record since November 8."
Meanwhile, as of today, BlackRock IBIT holds 553,162 BTC.
Minseung Kang
minriver@bloomingbit.ioBlockchain journalist | Writer of Trade Now & Altcoin Now, must-read content for investors.
![Dow Tops 50,000 for First Time Ever as “Oversold” Narrative Spreads [New York Stock Market Briefing]](https://media.bloomingbit.io/PROD/news/1c6508fc-9e08-43e2-81be-ca81048b8d11.webp?w=250)
