{"id":54123,"date":"2025-10-22T05:48:58","date_gmt":"2025-10-22T05:48:58","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=54123"},"modified":"2025-10-22T05:48:58","modified_gmt":"2025-10-22T05:48:58","slug":"bitcoin-whales-getting-back-into-tradfi-via-etfs-says-blackrock","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=54123","title":{"rendered":"Bitcoin Whales Getting Back Into TradFi Via ETFs Says BlackRock"},"content":{"rendered":"
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Bitcoin whales are moving their wealth from the blockchain onto Wall Street\u2019s balance sheet, reported Bloomberg on Tuesday.<\/p>\n

Spot Bitcoin ETFs are providing a novel way for the crypto-rich to get their coins into the traditional financial markets without selling them, it added<\/a>.<\/p>\n

The exchanges are tax-neutral swaps where no cash changes hands and no taxable sales occur.<\/p>\n

Some Bitcoin whales are doing custom creations of IBIT, trading in their physical Bitcoin for shares of the ETF, for a \u201cvariety of benefits after discovering TradFi has its perks,\u201d said<\/a> ETF analyst Eric Balchunas.<\/p>\n

Bitcoiners Getting Back into TradFi<\/h2>\n

Once Bitcoin is held as an ETF within a brokerage account, it becomes much easier to use as collateral for loans and include in estate planning.<\/p>\n

It also provides access to higher-tier wealth management services and integration with traditional financial advisers and banks.<\/p>\n

The moves from BTC into ETFs have been driven by the regulatory approval of \u201cin-kind creations,\u201d which enable the digital asset to be \u201cswapped\u201d for shares in the ETF without generating a taxable event.<\/p>\n

BlackRock has already facilitated more than $3 billion of these conversions, according to its head of digital assets, Robbie Mitchnick.<\/p>\n

Bitcoin whales are \u201cwaking up to the convenience of being able to hold their exposure within their existing financial adviser or private-bank relationship,\u201d Mitchnick told Bloomberg.<\/p>\n

\u201cLife is just easier in TradFi land \u2014 we\u2019ve spent a century perfecting integration, access, and security. Bitcoiners are finally realizing that,\u201d said Wes Gray, founder and CEO of ETF firm Alpha Architect.<\/p>\n

\n

\u201cThe great irony, of course, is that Bitcoin was born to escape traditional finance \u2014 and now its biggest holders are trying to get back in.\u201d<\/p>\n<\/blockquote>\n

Bitcoin ETFs Bounce Back<\/h2>\n

Spot Bitcoin ETFs in the United States reversed<\/a> a four trading day trend of outflows on Tuesday with an aggregate inflow of $475 million.<\/p>\n

BlackRock (IBIT) led the pack as usual with an inflow<\/a> of $209 million following the previous five days when the product bled $440 million as Bitcoin prices tanked and failed to recover.<\/p>\n

ARK Invest (ARKB) was the second largest inflow on Tuesday with $163 million, while there were smaller inflows for Fidelity, Bitwise, and VanEck.<\/p>\n

There are now 155 crypto exchange-traded product filings tracking 35 different digital assets, which \u201ccould easily end up seeing over 200 hit the market in the next 12 months,\u201d observed<\/a> Balchunas, who described it as a \u201ctotal land rush.\u201d<\/p>\n

The post Bitcoin Whales Getting Back Into TradFi Via ETFs Says BlackRock<\/a> appeared first on CryptoPotato<\/a>.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

Bitcoin whales are moving their wealth from the blockchain onto Wall Street\u2019s balance sheet, reported Bloomberg on Tuesday. Spot Bitcoin ETFs are providing a novel way for the crypto-rich to get their coins into the traditional financial markets without selling them, it added. The exchanges are tax-neutral swaps where no cash changes hands and no […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-54123","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/54123","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=54123"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/54123\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=54123"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=54123"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=54123"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}