Crypto Biz: Bitcoin whales trade keys for comfort
NeutralCryptocurrency

In a notable shift, early Bitcoin whales are moving towards exchange-traded funds (ETFs), opting for the benefits of traditional finance while relinquishing their private keys. This trend is highlighted by the increasing conversions by BlackRock and a significant decline in on-chain self-custody, which has been on the rise for the past 15 years. This change matters as it reflects a broader acceptance of institutional investment in cryptocurrency, potentially influencing market dynamics and the future of digital asset management.
— Curated by the World Pulse Now AI Editorial System










