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Bitcoin ETF Swaps Hit New Low | Bitcoin and Crypto News
Description
BlackRock just slashed the minimum bitcoin swap amount for its IBIT ETF from $25 million to just $1 million, making it way easier for big crypto holders to jump into the ETF game without triggering capital gains taxes. This “in-kind creation” process lets investors swap bitcoin directly for ETF shares — a move also adopted by Bitwise — driven largely by rising security concerns around crypto custody and hacks. With over $5 billion already swapped through BlackRock’s system and ether ETFs following suit, the trend shows how traditional investment vehicles are becoming the new gateway for institutional crypto players.
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