Key Notes

BlackRock removed 681 BTC and 6,000 ETH from Coinbase Prime, indicating purchases totaling nearly $100 million in assets.

Grayscale deposited 525 BTC and 21,030 ETH to the same exchange, suggesting intentions to liquidate over $138 million worth.

The opposing movements align with October 22 data showing investors shifting from Grayscale products to BlackRock alternatives.

Onchain analyses suggest BlackRock could be buying more Bitcoin BTC $110 797 24h volatility: 2.7% Market cap: $2.20 T Vol. 24h: $61.34 B and Ethereum ETH $3 915 24h volatility: 2.4% Market cap: $469.73 B Vol. 24h: $36.04 B for its exchange-traded funds (ETFs), while Grayscale , another ETF manager, could be selling theirs. These diverging si

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