By Wayne Jones BlackRock has facilitated more than $5 billion in Bitcoin-for-ETF-share swaps from private wallets into its IBIT fund, after cutting the minimum size for such in-kind transactions to $1 million in July. The shift gives investors a way to keep Bitcoin exposure while moving custody into a regulated ETF structure, with security concerns […]
Category: News
By DailyCoin Team Bitcoin’s near-30% surge from below $65,000 to almost $80,000 was fueled in part by a short squeeze that liquidated roughly $4 billion. Continue reading at DailyCoin. Source:: Bitcoin’s $4B Short Squeeze Meets a Critical $80,000 Ceiling