Reported about 16 hours ago
BlackRock is facilitating a shift of large Bitcoin holders into the traditional financial system by offering ETFs that allow them to convert their digital assets into a regulated investment form without selling. Regulatory changes have enabled these in-kind transactions, allowing investors to maintain their Bitcoin stakes while benefiting from the conveniences of traditional finance, such as collateral and estate planning. This move marks a significant evolution for Bitcoin, which originally emerged as a decentralized alternative to mainstream financial institutions.
Source: YAHOO