BlackRock cuts minimum for in-kind Bitcoin-to-IBIT conversions to $1M
BlackRock reduced the minimum size for converting Bitcoin directly into IBIT ETF shares from $25 million to $1 million, with more than $5 billion already flowing into IBIT through in-kind conversions. Bloomberg reported Wall Street is lowering barriers for large BTC holders to convert holdings into ETF shares via in-kind creation.
Detected & updated continuously · Source: Nebula
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@wublockchain12
据 Bloomberg 报道,华尔街正降低大型 BTC 持仓通过实物申购(in-kind creation)转换为 ETF 份额的门槛,投资者可在不先出售 BTC 的情况下继续保持比特币敞口,并将资产转入传统 ETF 体系。BlackRock 已于 7 月将相关交易最低规模由最初的 2,500 万美元降至 100 万美元,其 IBIT
@Litest
BLACKROCK LOWERS THE BARRIER TO BITCOIN 🇺🇸 BlackRock has cut the minimum for converting Bitcoin directly into IBIT shares from $25 million to $1 million. More than $5 billion has already flowed into IBIT through in-kind conversions. Bitwise, Morgan Stanley and Grayscale are https://t.co/2RJ6yLx4sl