Blackrock Processes $5 Billion in Direct Bitcoin-to-ETF Conversions

Large crypto holders are increasingly exchanging bitcoin directly for exchange-traded fund (ETF) shares instead of selling into cash first. Falling minimums at Blackrock and Bitwise, along with growing use at Grayscale and 21shares, are making the process more accessible and extending the model to ether and solana. Blackrock Expands In-Kind Bitcoin Swaps as ETF Access […]