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BlackRock Bitcoin ETF conversion threshold drops 96% to $1 million

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BlackRock has slashed the minimum Bitcoin holding required to swap coins directly for shares of its spot Bitcoin ETF, and the size of the cut is hard to ignore. The threshold for a BlackRock Bitcoin ETF conversion into IBIT shares dropped f…

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BlackRock Bitcoin ETF conversion threshold drops 96% to $1 million
Cryptonomist 3h ago

BlackRock Bitcoin ETF conversion threshold drops 96% to $1 million

BlackRock has slashed the minimum Bitcoin holding required to swap coins directly for shares of its spot Bitcoin ETF, and the size of the cut is hard to ignore. The threshold for a BlackRock Bitcoin ETF conversion into IBIT shares dropped f…