Bitcoin Whales Moving To Wall Street Via BlackRock

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 hol...

By · · 1 min read
Bitcoin Whales Moving To Wall Street Via BlackRock

Source: Bitcoin Magazine

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, […]