Bitcoin Whales Are Moving On-Chain Wealth Onto Wall Street Via BlackRock’s IBIT
PositiveCryptocurrency

Bitcoin whales are increasingly transferring their on-chain wealth to Wall Street through BlackRock's new investment vehicle, IBIT. This shift signifies a growing acceptance of cryptocurrency in traditional finance, potentially leading to greater institutional investment and stability in the crypto market. As major players like BlackRock enter the space, it could pave the way for more innovative financial products and increased legitimacy for digital assets.
— Curated by the World Pulse Now AI Editorial System