Blackrock Cuts IBIT Bitcoin Conversion Minimum From $25M to $1M
Covered by 2 sources · 2 articles
2 outlets - including Blockchainreporter and Bitcoin - are covering this story. BlackRock slashed the IBIT Bitcoin ETF in-kind conversion minimum from $25M to $1M, aiming to eventually remove the threshold, Bloomberg analyst noted.
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BlackRock Cuts IBIT Bitcoin Conversion Minimum to $1 Million From $25 Million
BlackRock slashed the IBIT Bitcoin ETF in-kind conversion minimum from $25M to $1M, aiming to eventually remove the threshold, Bloomberg analyst noted.
Blackrock Cuts IBIT Bitcoin Conversion Minimum From $25M to $1M
Blackrock has slashed the in-kind conversion minimum on its iShares Bitcoin Trust (IBIT) to $1 million, a 96% cut from the prior $25 million threshold, opening the fund’s redemption mechanism to a far wider pool of investors. Mitchnick Conf…