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Grayscale moves $112M in Bitcoin to Coinbase Prime amid ongoing institutional flows.

Market News
28 May 2026
Crypto news
View Source
Neutral
pluang ai news

Grayscale transferred 1,530.704 BTC worth about $112 million to Coinbase Prime, highlighting a trend of large institutional Bitcoin flows through centralized platforms. This move aligns with previous transfers linked to ETF creations and redemptions, underscoring Coinbase Prime's role as a key venue for managing institutional Bitcoin liquidity. Such transfers impact market structure by facilitating ETF share adjustments and secondary market activity, reflecting the growing influence of institutional investors in Bitcoin markets.

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UMAC stock jumps as Pentagon considers funding domestic drone makers, including Trump Jr.-linked firm.

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