BlackRock Flips Coinbase as Top BTC Holder
BlackRock flips Coinbase to become the largest Bitcoin holder right now, and the BlackRock Bitcoin holdings have actually reached over 781,000 BTC through its iShares ETF. This historic milestone shows how BlackRock flips Coinbase in the race for Bitcoin custody dominance, and it’s marking a shift from exchange-based storage to institutional investment products. BlackRock’s iShares ETF Dethrones Exchanges, Becomes Largest Known BTC Holder “Inflows into BlackRock’s ETF signify a fundamental change in market structure. The primary demand driver has shifted from retail-centric exchange accumulation to regulated, institutional-grade… pic.twitter.com/G043uNYpdW — CryptoQuant.com (@cryptoquant_com) August 22, 2025 BlackRock’s Bitcoin Holdings Surpass Coinbase Amid Institutional Investment Trends Source: CryptoSlate The moment when BlackRock flips Coinbase represents a fundamental change in Bitcoin custody, and the data shows that BlackRock Bitcoin holdings have been growing rapidl...