BlackRock has lowered the minimum amount required for Bitcoin holders to convert their $BTC into IBIT, dropping it from roughly $30 million to just $1–2 million.
According to Robbie Mitchnick, demand from Bitcoin whales moving their self-custodied BTC into IBIT has reached record highs, largely driven by security concerns. So far, approximately $3.6 billion worth of Bitcoin has been converted.
#NvidiaInvestigatesAfterHuang’sAffairApology
According to Robbie Mitchnick, demand from Bitcoin whales moving their self-custodied BTC into IBIT has reached record highs, largely driven by security concerns. So far, approximately $3.6 billion worth of Bitcoin has been converted.
#NvidiaInvestigatesAfterHuang’sAffairApology