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BlackRock Becomes Top Institutional Bitcoin Holder

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A man in a black suit (representing BlackRock), standing proudly on the top step. Silhouettes represent Coinbase and Binance, visibly shocked, on the lower steps.

The custody of cryptos shifts to a new era. Indeed, exchanges, long dominant, are giving ground to Wall Street giants. BlackRock, through its Bitcoin and Ethereum ETFs, now establishes itself as an essential custodian, directly competing with Coinbase and Binance. This massive asset transfer illustrates the rise of traditional finance in the crypto ecosystem and raises questions about the future of historic platforms, facing a gradual loss of their central role.

L’article BlackRock Becomes Top Institutional Bitcoin Holder est apparu en premier sur Cointribune.

3h ago
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