BlackRock Is Pulling Bitcoin Whales Into Wall Street’s Orbit

BlackRock Is Pulling Bitcoin Whales Into Wall Street’s Orbit

Big Bitcoin holders are moving their wealth from the blockchain onto Wall Street’s balance sheet.

Bitcoin Whales Invest Billions in ETFs, Including BlackRock’s IBIT

As institutional interest in cryptocurrency grows, major asset managers are shifting strategies to incorporate Bitcoin through regulated products like ETFs. Recently, large Bitcoin holders—commonly known as whales—have increasingly transferred their holdings into exchange-traded funds, seeking more convenient and regulated access to their digital assets. This move signals a significant evolution in the way high-net-worth investors manage their c…

Bitcoin Whales Are Moving On-Chain Wealth Onto Wall Street Via BlackRock’s IBIT - Coin Surges

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 Bitco…

Bitcoin Whales Moving To Wall Street Via BlackRock

BlackRock, the world’s largest asset manager, has already processed over $3 billion worth of these conversions, according to Robbie Mitchnick, head of digital