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BlackRock Facilitates Over $3 Billion in Bitcoin-to-ETF Conversions for Whales

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BlackRock Facilitates Over $3 Billion in Bitcoin-to-ETF Conversions for Whales

Large investors are increasingly converting their Bitcoin holdings into ETFs, with BlackRock alone facilitating over $3 billion worth of BTC-to-ETF conversions. The move comes following the SEC’s approval of an in-kind transaction for Bitcoin ETFs.

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