🚨 BREAKING: Bitcoin Whales Bridge to TradFi via In-Kind ETF Swaps — $3B Processed by BlackRock
Bitcoin whales are increasingly transitioning into traditional finance through in-kind ETF conversions, according to Bloomberg. BlackRock has facilitated over $3 billion in these conversions, enabling crypto holders to move their assets into regulated financial products without the need to sell.
This development marks a significant step in the integration of cryptocurrency into mainstream financial markets, offering institutional investors a pathway to gain exposure to Bitcoin while maintaining regulatory compliance.
For more details, refer to the full Bloomberg article: Bitcoin Whales Bridge to TradFi via In-Kind ETF Swaps.
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