BlackRock cuts IBIT Bitcoin swap minimum to $1 million, boosting conversions

🚨 BlackRock slashes IBIT Bitcoin swap minimum to $1 million for in-kind conversions.
✨ Investors can now convert $BTC into ETF shares at a much lower threshold.
📉 Bitwise cuts its minimum conversion amount to $3 million from $100 million.
🔒 Security concerns drive more holders away from self-custody to regulated funds.

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