BlackRock reports $5 billion in Bitcoin swaps as security fears drive IBIT demand
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🚨 Large Bitcoin holders moved $5 billion into BlackRock’s IBIT ETF due to security concerns.
🔒 Fears of hacks and kidnappings drive whales to use $BTC conversions into institutional custody.
🇺🇸 New SEC rules enabled these in-kind swaps, making IBIT more accessible since 2025.
Continue Reading:BlackRock reports $5 billion in Bitcoin swaps as security fears drive IBIT demand
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