BlackRock Lowers IBIT In-Kind Redemption Threshold to $1 Million (cryptofox.news)
BlackRock, the world’s largest asset manager, has significantly lowered the entry barrier for institutional investors wishing to engage in the in-kind creation and redemption mechanism for its spot Bitcoin exchange-trade…
BlackRock drops IBIT in-kind redemption threshold from $25M to $1M! 🚀 Now, more institutions & large BTC holders can directly swap Bitcoin for IBIT shares. This makes converting BTC to ETF shares much more accessible. #Bitcoin #ETF $IBIT
