BTC $64,184.68 +1.06%
ETH $1,894.58 -0.22%
BNB $603.05 -0.33%
XRP $0.9939 -0.77%
SOL $75.70 +0.38%
TRX $0.3316 -0.25%
DOGE $0.0698 -0.54%
ADA $0.1733 -2.02%
BCH $203.04 -1.00%
LINK $9.43 -0.30%
HYPE $59.09 +0.34%
AAVE $88.50 +2.48%
SUI $0.6449 -4.68%
XLM $0.1549 -2.17%
ZEC $508.63 +1.32%
BTC $64,184.68 +1.06%
ETH $1,894.58 -0.22%
BNB $603.05 -0.33%
XRP $0.9939 -0.77%
SOL $75.70 +0.38%
TRX $0.3316 -0.25%
DOGE $0.0698 -0.54%
ADA $0.1733 -2.02%
BCH $203.04 -1.00%
LINK $9.43 -0.30%
HYPE $59.09 +0.34%
AAVE $88.50 +2.48%
SUI $0.6449 -4.68%
XLM $0.1549 -2.17%
ZEC $508.63 +1.32%

Analyst: Some Bitcoin whales are converting physical BTC into ETFs, with IBIT executing approximately $3 billion in transactions

2025-10-22 10:51:42

ChainCatcher news, some Bitcoin whales have started to exchange physical Bitcoin for ETFs after discovering the advantages of TradFi for profit. It is reported that BlackRock's Bitcoin exchange-traded fund IBIT has executed approximately $3 billion in such customized trades, which are known as portfolio trades and are popular in the bond market.

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