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BlackRock Makes Whale Moves Into Bitcoin Shares Cheaper, Bloomberg Reports

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TL;DR BlackRock lowered the minimum amount to convert Bitcoin into shares of its IBIT ETF from $25 million to $1 million starting in July. BlackRock’s IBIT fund has already processed more than $5 billion in in-kind conversions, up from the…

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BlackRock Makes Whale Moves Into Bitcoin Shares Cheaper, Bloomberg Reports
Crypto Economy 2h ago

BlackRock Makes Whale Moves Into Bitcoin Shares Cheaper, Bloomberg Reports

TL;DR BlackRock lowered the minimum amount to convert Bitcoin into shares of its IBIT ETF from $25 million to $1 million starting in July. BlackRock’s IBIT fund has already processed more than $5 billion in in-kind conversions, up from the…