entColor" stroke-width="2" stroke-linecap="round" stroke-linejoin="round" class="lucide lucide-star" aria-hidden="true"><path d="M11.525 2.295a.53.53 0 0 1 .95 0l2.31 4.679a2.123 2.123 0 0 0 1.595 1.16l5.166.756a.53.53 0 0 1 .294.904l-3.736 3.638a2.123 2.123 0 0 0-.611 1.878l.882 5.14a.53.53 0 0 1-.771.56l-4.618-2.428a2.122 2.122 0 0 0-1.973 0L6.396 21.01a.53.53 0 0 1-.77-.56l.881-5.139a2.122 2.122 0 0 0-.611-1.879L2.16 9.795a.53.53 0 0 1 .294-.906l5.165-.755a2.122 2.122 0 0 0 1.597-1.16z"></path></svg>News</div></div><div class="p-4"><div class="flex items-center gap-2 text-sm text-neutral-700 dark:text-neutral-400 justify-between"><time class="font-cairo">05 July 2026</time><span class="flex items-center gap-1"><svg width="9" height="8" viewBox="0 0 9 8" fill="none" xmlns="http://www.w3.org/2000/svg"><circle cx="4.33334" cy="4" r="4" fill="#FAC30A"></circle></svg><span class="font-cairo">2 Min<!-- --> read</span></span></div><h3 class="mt-2 text-lg font-semibold text-black dark:text-white group-hover:text-yellow-500 line-clamp-2">CoinMetrics Unveils Essential ETF Metrics — Here’s Why It Matters</h3><div class="mt-4 flex items-center gap-3"><img alt="Ayanfe Fakunle" loading="lazy" width="32" height="32" decoding="async" data-nimg="1" class="rounded-full" style="color:transparent" srcSet="/_next/image/?url=https%3A%2F%2Fsecure.gravatar.com%2Favatar%2Fb437095d4ebe131bd08bd9c478e956962ce2e0744c8727e2bf3a075b17c0cb08%3Fs%3D96%26r%3Dg&amp;w=32&amp;q=75 1x, /_next/image/?url=https%3A%2F%2Fsecure.gravatar.com%2Favatar%2Fb437095d4ebe131bd08bd9c478e956962ce2e0744c8727e2bf3a075b17c0cb08%3Fs%3D96%26r%3Dg&amp;w=64&amp;q=75 2x" src="/_next/image/?url=https%3A%2F%2Fsecure.gravatar.com%2Favatar%2Fb437095d4ebe131bd08bd9c478e956962ce2e0744c8727e2bf3a075b17c0cb08%3Fs%3D96%26r%3Dg&amp;w=64&amp;q=75"/><div><p class="text-sm font-medium text-black dark:text-white">Ayanfe Fakunle</p><p class="text-sm text-neutral-400">Author</p></div></div></div></a></div></div></div></div></div></div><div class="h-20 w-full flex items-center justify-center"></div></div></main><aside class="hidden lg:block w-80 flex-shrink-0 order-3 mt-32"><div class="sticky top-[140px] space-y-6"></div></aside></div></div></main></div><div class="h-20 bg-gray-100 dark:bg-gray-900 animate-pulse"></div></div></div><script id="__NEXT_DATA__" type="application/json">{"props":{"pageProps":{"post":{"id":344850,"type":"post","_embedded":{"wp:featuredmedia":[{"media_details":{"sizes":{"full":{"source_url":"https://coinfomania.com/wp-content/uploads/shutterstock_2227011181.webp"},"medium_large":{"source_url":"https://coinfomania.com/wp-content/uploads/shutterstock_2227011181-768x512.webp"}},"source_url":"https://coinfomania.com/wp-content/uploads/shutterstock_2227011181.webp"}}],"wp:term":[{"id":1808,"name":"Crypto Exchange News","slug":"exchange-news"},{"id":5,"name":"News","slug":"news"}]},"tag":{"id":4916,"name":"OTH","slug":"oth"},"postCategoriesList":{"id":1808,"name":"Crypto Exchange News","slug":"exchange-news"},"title":{"rendered":"BlockFi to Start Interim Crypto Distributions via Coinbase in July"},"slug":"blockfi-to-start-interim-crypto-distributions-via-coinbase-in-july","readTime":"3 Min","date":"2024-07-18 18:17:29","date_gmt":"2024-07-18 17:17:29Z","modified_gmt":"2025-04-26 17:10:55Z","authors":[{"user_id":1759,"slug":"victor-muriki","avatar_url":"https://secure.gravatar.com/avatar/aa47dbc6c063087fccf1494c766b7a6104ddc9077a2ff2a9e3fe638874e61cd6?s=96\u0026r=g","display_name":"Victor Muriki","description":"Victor Muriki is an esteemed writer focused on cryptocurrency and finance, holding a Bachelor's in Actuarial Science. Known for his sharp analysis and insightful content, he has a strong command of English and is skilled at conducting in-depth research and ensuring timely delivery.","job_title":"Author","twitter":"https://twitter.com/VictorMuriki1","instagram":"https://www.instagram.com/i.am_sheriff/","linkedin":"https://www.linkedin.com/in/victor-muriki-0a5618253/","facebook":"https://www.facebook.com/profile.php?id=100086410154112"}],"category":"Crypto Exchange News","excerpt":null,"content":{"rendered":"\u003cp class=\"wp-block-paragraph\"\u003e\u003cstrong\u003eBlockFi, a bankrupt crypto lending company, has revealed its initial interim crypto distributions via Coinbase to commence in July 2024. \u003c/strong\u003e\u003cp class=\"wp-block-paragraph\"\u003eThe company has done this after reaching a $940 million settlement with the estates of FTX and Alameda Research with the company’s customer’s money almost fully restored.\u003cfigure class=\"wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter\"\u003e\u003cdiv class=\"wp-block-embed__wrapper\"\u003e\u003cblockquote class=\"twitter-tweet\"\u003e\u003cp\u003eAs described in our previously announced Coinbase distribution partnership blog post (\u003ca href=\"https://t.co/M0T56YiKAe\" rel=\"noopener noreferrer\"\u003ehttps://t.co/M0T56YiKAe\u003c/a\u003e), BlockFi will commence first interim crypto distributions through Coinbase in July 2024.\u003c/p\u003e— BlockFi (@BlockFi) \u003ca href=\"https://twitter.com/BlockFi/status/1813611800426086431?ref_src=twsrc%5Etfw\" rel=\"noopener noreferrer\"\u003eJuly 17, 2024\u003c/a\u003e\u003c/blockquote\u003e\u003c/div\u003e\u003c/figure\u003e\u003cp class=\"wp-block-paragraph\"\u003eThe distributions will be occurring in a batch manner in the next few months. The eligible clients will be notified via email to the email address used in the BlockFi account. It also said that non-U.S clients will not be able to receive their funds at this time because of certain rules and regulations.\u003cp class=\"wp-block-paragraph\"\u003eIn May, BlockFi collaborated with Coinbase to enable the continuation of crypto withdrawals for eligible BlockFi Interest Account (BIA), Retail Loan and Private Clients. This collaboration is to facilitate a proper distribution of the supplies for the customers who were not able to make their withdrawals in the previous announced date.\u003ch3 class=\"wp-block-heading\" id=\"h-notification-and-account-setup\"\u003e\u003cstrong\u003eNotification and Account Setup\u003c/strong\u003e\u003c/h3\u003e\u003cp class=\"wp-block-paragraph\"\u003eBlockFi will communicate with the clients via email and will include a step by step process of how to open a Coinbase account. If a user did not withdraw by April 28 or complete the identity check by May 10, he or she can still get the money. If an approved Coinbase account is not created, the assets shall be liquidated and distributed based on the division.\u003cp class=\"wp-block-paragraph\"\u003eThe Plan Administrator shall make future distributions through Coinbase and including those made based on the funds that were regained from FTX. Those clients who will not be able to open an account in Coinbase will receive their distributions in cash.\u003cfigure class=\"wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter\"\u003e\u003cdiv class=\"wp-block-embed__wrapper\"\u003e\u003cblockquote class=\"twitter-tweet\"\u003e\u003cp\u003ePlease find all the information related to Coinbase distribution on the Coinbase Help Page (\u003ca href=\"https://t.co/v4EBAKTd1X\" rel=\"noopener noreferrer\"\u003ehttps://t.co/v4EBAKTd1X\u003c/a\u003e) and the BlockFi Client FAQs page (\u003ca href=\"https://t.co/AGJcdrDNdh\" rel=\"noopener noreferrer\"\u003ehttps://t.co/AGJcdrDNdh\u003c/a\u003e).\u003c/p\u003e— BlockFi (@BlockFi) \u003ca href=\"https://twitter.com/BlockFi/status/1813611804448469298?ref_src=twsrc%5Etfw\" rel=\"noopener noreferrer\"\u003eJuly 17, 2024\u003c/a\u003e\u003c/blockquote\u003e\u003c/div\u003e\u003c/figure\u003e\u003cp class=\"wp-block-paragraph\"\u003eBlockFi became one of the first firms to file for bankruptcy after the FTX crash in November 2022. The crypto lender has around 100,000 creditors and owes between $1 billion to $10 billion. \u003cp class=\"wp-block-paragraph\"\u003eBlockFi has entered for Chapter 11 bankruptcy protection on the 28th of November 2022, a month after freezing its users’ withdrawals. As of September 2023, creditors approved the firm’s bankruptcy restructuring plan, which can be considered as a major achievement on the way to refund customers.\u003ch3 class=\"wp-block-heading\" id=\"h-warning-against-scam-attempts\"\u003e\u003cstrong\u003eWarning Against Scam Attempts\u003c/strong\u003e\u003c/h3\u003e\u003cp class=\"wp-block-paragraph\"\u003eBlockFi has also informed its users to beware of scams from other individuals or groups portraying as offering crypto distributions. The company stated that it will not cooperate with other providers in the sphere of crypto distributions. \u003cp class=\"wp-block-paragraph\"\u003eThis alert comes after a series of phishing emails that were sent to the creditors of the bankrupted crypto businesses, namely FTX and BlockFi. MailerLite experienced a data breach in January, and Plumferno, a security expert, pointed out that these scam emails looked like the real deal."},"quick_take_points":[],"edited_by":null,"yoast_head_json":{"title":"BlockFi to Start Interim Crypto Distributions via Coinbase in July","description":"BlockFi begins interim crypto distributions via Coinbase in July 2024, aiding recovery for eligible clients after bankruptcy due to the FTX collapse.","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https://coinfomania.com/blockfi-to-start-interim-crypto-distributions-via-coinbase-in-july/","og_locale":"en_US","og_type":"article","og_title":"BlockFi to Start Interim Crypto Distributions via Coinbase in July","og_description":"BlockFi begins interim crypto distributions via Coinbase in July 2024, aiding recovery for eligible clients after bankruptcy due to the FTX collapse.","og_url":"https://coinfomania.com/blockfi-to-start-interim-crypto-distributions-via-coinbase-in-july/","og_site_name":"Coinfomania","article_publisher":"https://web.facebook.com/Coinfomania/","article_author":"https://www.facebook.com/profile.php?id=100086410154112","article_published_time":"2024-07-18T17:17:29+00:00","article_modified_time":"2025-04-26T17:10:55+00:00","og_image":[{"width":1000,"height":667,"url":"https://coinfomania.com/wp-content/uploads/shutterstock_2227011181.webp","type":"image/webp"}],"author":"Victor Muriki","twitter_card":"summary_large_image","twitter_creator":"@https://twitter.com/VictorMuriki1","twitter_site":"@coinfomania","schema":{"@context":"https://schema.org","@graph":[{"@type":"NewsArticle","@id":"https://coinfomania.com/blockfi-to-start-interim-crypto-distributions-via-coinbase-in-july/#article","isPartOf":{"@id":"https://coinfomania.com/blockfi-to-start-interim-crypto-distributions-via-coinbase-in-july/"},"author":{"@type":"Person","name":"Victor Muriki","@id":"https://coinfomania.com/author/victor-muriki/#person","sameAs":["https://www.facebook.com/profile.php?id=100086410154112","https://www.instagram.com/i.am_sheriff/","https://www.linkedin.com/in/victor-muriki-0a5618253/","https://twitter.com/VictorMuriki1"]},"headline":"BlockFi to Start Interim Crypto Distributions via Coinbase in July","datePublished":"2024-07-18T17:17:29+00:00","dateModified":"2025-04-26T17:10:55+00:00","mainEntityOfPage":{"@id":"https://coinfomania.com/blockfi-to-start-interim-crypto-distributions-via-coinbase-in-july/"},"wordCount":444,"publisher":{"@type":"Organization","name":"Coinfomania","logo":{"@type":"ImageObject","url":"https://coinfomania.com/wp-content/uploads/logo.webp"},"@id":"https://coinfomania.com/#organization"},"image":{"@type":"ImageObject","url":"https://coinfomania.com/wp-content/uploads/shutterstock_2227011181.webp"},"thumbnailUrl":"https://coinfomania.com/wp-content/uploads/shutterstock_2227011181.webp","articleSection":["Crypto Exchange News","News"],"inLanguage":"en-US","description":"BlockFi, a bankrupt crypto lending company, has revealed its initial interim crypto distributions via Coinbase to commence in July 2024.  The company has done this after reaching a $940 million settlement with the estates of FTX and Alameda Research with the company’s customer’s money almost fully restored. The distributions will be occurring in a batch [\u0026hellip;]","url":"https://coinfomania.com/blockfi-to-start-interim-crypto-distributions-via-coinbase-in-july/","dateCreated":"2024-07-18T18:17:29+05:30"},{"@type":"WebPage","@id":"https://coinfomania.com/blockfi-to-start-interim-crypto-distributions-via-coinbase-in-july/","url":"https://coinfomania.com/blockfi-to-start-interim-crypto-distributions-via-coinbase-in-july/","name":"BlockFi to Start Interim Crypto Distributions via Coinbase in July","isPartOf":{"@id":"https://coinfomania.com/#website"},"primaryImageOfPage":{"@id":"https://coinfomania.com/blockfi-to-start-interim-crypto-distributions-via-coinbase-in-july/#primaryimage"},"image":{"@id":"https://coinfomania.com/blockfi-to-start-interim-crypto-distributions-via-coinbase-in-july/#primaryimage"},"thumbnailUrl":"https://coinfomania.com/wp-content/uploads/shutterstock_2227011181.webp","datePublished":"2024-07-18T17:17:29+00:00","dateModified":"2025-04-26T17:10:55+00:00","description":"BlockFi begins interim crypto distributions via Coinbase in July 2024, aiding recovery for eligible clients after bankruptcy due to the FTX collapse.","breadcrumb":{"@id":"https://coinfomania.com/blockfi-to-start-interim-crypto-distributions-via-coinbase-in-july/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https://coinfomania.com/blockfi-to-start-interim-crypto-distributions-via-coinbase-in-july/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https://coinfomania.com/blockfi-to-start-interim-crypto-distributions-via-coinbase-in-july/#primaryimage","url":"https://coinfomania.com/wp-content/uploads/shutterstock_2227011181.webp","contentUrl":"https://coinfomania.com/wp-content/uploads/shutterstock_2227011181.webp","width":1000,"height":667,"caption":"BlockFi to Start Interim Crypto Distributions via Coinbase in July"},{"@type":"BreadcrumbList","@id":"https://coinfomania.com/blockfi-to-start-interim-crypto-distributions-via-coinbase-in-july/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https://coinfomania.com/"},{"@type":"ListItem","position":2,"name":"News","item":"https://coinfomania.com/news/"},{"@type":"ListItem","position":3,"name":"BlockFi to Start Interim Crypto Distributions via Coinbase in July"}]},{"@type":"WebSite","@id":"https://coinfomania.com/#website","url":"https://coinfomania.com/","name":"Coinfomania","description":"Crypto News \u0026amp; Analysis","publisher":{"@id":"https://coinfomania.com/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https://coinfomania.com/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https://coinfomania.com/#organization","name":"Coinfomania","url":"https://coinfomania.com/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https://coinfomania.com/#/schema/logo/image/","url":"https://coinfomania.com/wp-content/uploads/logo.webp","contentUrl":"https://coinfomania.com/wp-content/uploads/logo.webp","width":374,"height":70,"caption":"Coinfomania"},"image":{"@id":"https://coinfomania.com/#/schema/logo/image/"},"sameAs":["https://web.facebook.com/Coinfomania/","https://x.com/coinfomania"],"publishingPrinciples":"https://coinfomania.com/publishing-principles-of-coinfomania/","ownershipFundingInfo":"https://coinfomania.com/ownership-and-funding-information-for-coinfomania/","actionableFeedbackPolicy":"https://coinfomania.com/actionable-feedback-policy-for-coinfomania/","correctionsPolicy":"https://coinfomania.com/corrections-policy-for-coinfomania/","ethicsPolicy":"https://coinfomania.com/ethics-policy-for-coinfomania/","diversityPolicy":"https://coinfomania.com/diversity-policy-for-coinfomania/","diversityStaffingReport":"https://coinfomania.com/diversity-staffing-report-coinfomania/"},{"@type":"Person","@id":"https://coinfomania.com/#/schema/person/4d066ed0f09814ad90f48340b7abfb99","name":"Victor Muriki","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https://secure.gravatar.com/avatar/aa47dbc6c063087fccf1494c766b7a6104ddc9077a2ff2a9e3fe638874e61cd6?s=96\u0026r=g8b45a6679b3549f665d068851c8bd609","url":"https://secure.gravatar.com/avatar/aa47dbc6c063087fccf1494c766b7a6104ddc9077a2ff2a9e3fe638874e61cd6?s=96\u0026r=g","contentUrl":"https://secure.gravatar.com/avatar/aa47dbc6c063087fccf1494c766b7a6104ddc9077a2ff2a9e3fe638874e61cd6?s=96\u0026r=g","caption":"Victor Muriki"},"description":"Victor Muriki is an esteemed writer focused on cryptocurrency and finance, holding a Bachelor's in Actuarial Science. 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stability above support.","aboveSupportCondition_no":"Suggests potential price weakness below support."}}},"__N_SSG":true},"page":"/[slug]","query":{"slug":"blockfi-to-start-interim-crypto-distributions-via-coinbase-in-july"},"buildId":"s4W5Weug9tTLmQJVriEzD","isFallback":false,"isExperimentalCompile":false,"dynamicIds":[9391,4934,9346],"gsp":true,"locale":"en","locales":["en","ar","fr","de","it","es","vi","tr","no","ru","th","pt","id","pl","hi","ko","ja"],"defaultLocale":"en","scriptLoader":[]}</script></body></html>s-center space-x-1.5 flex-wrap"><a class="font-semibold hover:underline text-gray-800 dark:text-gray-200 leading-tight" href="/author/victor-muriki/">Victor Muriki</a><div class="flex gap-1.5 items-center"><a target="_blank" title="LinkedIn" aria-label="LinkedIn" class="group flex items-center justify-center h-8 w-8 rounded-full bg-gray-100 hover:bg-gray-200 dark:bg-neutral-800/60 dark:hover:bg-neutral-700/80 transition-all duration-200" 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2.122 0 0 0-.611-1.879L2.16 9.795a.53.53 0 0 1 .294-.906l5.165-.755a2.122 2.122 0 0 0 1.597-1.16z"></path></svg>News</div></div><div class="p-4"><div class="flex items-center gap-2 text-sm text-neutral-700 dark:text-neutral-400 justify-between"><time class="font-cairo">05 July 2026</time><span class="flex items-center gap-1"><svg width="9" height="8" viewBox="0 0 9 8" fill="none" xmlns="http://www.w3.org/2000/svg"><circle cx="4.33334" cy="4" r="4" fill="#FAC30A"></circle></svg><span class="font-cairo">2 Min<!-- --> read</span></span></div><h3 class="mt-2 text-lg font-semibold text-black dark:text-white group-hover:text-yellow-500 line-clamp-2">Ethereum’s Bridged ETH to Robinhood Chain Surges — What It Means for Demand</h3><div class="mt-4 flex items-center gap-3"><img alt="Ayanfe Fakunle" loading="lazy" width="32" height="32" decoding="async" data-nimg="1" class="rounded-full" style="color:transparent" srcSet="/_next/image/?url=https%3A%2F%2Fsecure.gravatar.com%2Favatar%2Fb437095d4ebe131bd08bd9c478e956962ce2e0744c8727e2bf3a075b17c0cb08%3Fs%3D96%26r%3Dg&amp;w=32&amp;q=75 1x, /_next/image/?url=https%3A%2F%2Fsecure.gravatar.com%2Favatar%2Fb437095d4ebe131bd08bd9c478e956962ce2e0744c8727e2bf3a075b17c0cb08%3Fs%3D96%26r%3Dg&amp;w=64&amp;q=75 2x" src="/_next/image/?url=https%3A%2F%2Fsecure.gravatar.com%2Favatar%2Fb437095d4ebe131bd08bd9c478e956962ce2e0744c8727e2bf3a075b17c0cb08%3Fs%3D96%26r%3Dg&amp;w=64&amp;q=75"/><div><p class="text-sm font-medium text-black dark:text-white">Ayanfe Fakunle</p><p class="text-sm text-neutral-400">Author</p></div></div></div></a><a class="group relative overflow-hidden rounded-xl bg-gradient-to-t dark:bg-gradient-to-b from-gray-100 to-gray-250 dark:from-neutral-900 dark:to-neutral-950 transition-all hover:scale-[1.02]" href="/coinmetrics-unveils-essential-etf-metrics-heres-why-it-matters/"><div class="relative h-48 overflow-hidden"><img alt="CoinMetrics Unveils Essential ETF Metrics — Here’s Why It Matters" loading="lazy" width="600" height="192" decoding="async" data-nimg="1" class="object-cover transition-transform group-hover:scale-105" style="color:transparent" sizes="(max-width: 640px) 100vw, (max-width: 1024px) 50vw, 384px" srcSet="/_next/image/?url=https%3A%2F%2Fcoinfomania.com%2Fwp-content%2Fuploads%2Ftrend-banner-2804588f-bb09-4438-84f8-2297b2b8d48a-1783266522161-768x432.webp&amp;w=384&amp;q=75 384w, /_next/image/?url=https%3A%2F%2Fcoinfomania.com%2Fwp-content%2Fuploads%2Ftrend-banner-2804588f-bb09-4438-84f8-2297b2b8d48a-1783266522161-768x432.webp&amp;w=640&amp;q=75 640w, /_next/image/?url=https%3A%2F%2Fcoinfomania.com%2Fwp-content%2Fuploads%2Ftrend-banner-2804588f-bb09-4438-84f8-2297b2b8d48a-1783266522161-768x432.webp&amp;w=750&amp;q=75 750w, /_next/image/?url=https%3A%2F%2Fcoinfomania.com%2Fwp-content%2Fuploads%2Ftrend-banner-2804588f-bb09-4438-84f8-2297b2b8d48a-1783266522161-768x432.webp&amp;w=828&amp;q=75 828w, 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