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BlackRock's Bitcoin spot ETF product IBIT recently transferred 1061 BTC to a Coinbase Prime address, equivalent to over $100 million, once again demonstrating this world's largest asset management company's continued optimism about Bitcoin. According to Arkham's on-chain monitoring data, this transfer involved 1061.173 BTC, valued at approximately $100.77 million at the time. This large transfer to an institutional-grade custody service provider usually indicates that institutional investors are strengthening asset security management, while also reflecting traditional financial giants' emphasis on digital asset allocation. BlackRock has been increasing its BTC holdings through the IBIT fund, becoming an important market indicator of institutional allocation intentions.