Bitcoin Magazine
Bitcoin Whales Are Moving On-Chain Wealth Onto Wall Street Via BlackRock’s IBIT
A quiet migration is underway among Bitcoin’s wealthiest holders — from cold storage to custodians. A new wave of U.S. exchange-traded funds (ETFs) is allowing longtime Bitcoiners to fold their holdings into the traditional financial system without selling a single sat. The change comes after regulators approved “in-kind” transactions for spot Bitcoin ETFs this summer,
This post Bitcoin Whales Are Moving On-Chain Wealth Onto Wall Street Via BlackRock’s IBIT first appeared on Bitcoin Magazine and is written by Micah Zimmerman. Bitcoin MagazineRead More
About The Author
