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Bitcoin Whales Have Moved $5B into BlackRock ETFs in Tax-Deferred Swaps

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BlackRock hits $5 billion in tax-deferred Bitcoin-to-ETF swaps, indicating whales have moved significant BTC holdings to IBIT over the past few months. The Wall Street giant recently lowered the minimum limit for in-kind conversions to $1 m…

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CoinGape 1h ago

Bitcoin Whales Have Moved $5B into BlackRock ETFs in Tax-Deferred Swaps

BlackRock hits $5 billion in tax-deferred Bitcoin-to-ETF swaps, indicating whales have moved significant BTC holdings to IBIT over the past few months. The Wall Street giant recently lowered the minimum limit for in-kind conversions to $1 m…