ETFs

Why Bitcoin Whales Are Increasingly Swapping Their BTC for ETF Shares: Bloomberg

Bitcoin whales are using a July 29 SEC decision to convert (without selling) coins into spot BTC ETF shares, like BlackRock’s IBIT. Why give up decentralization?

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Oct 22, 2025 - 23:00
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Why Bitcoin Whales Are Increasingly Swapping Their BTC for ETF Shares: Bloomberg
Bitcoin whales are using a July 29 SEC decision to convert (without selling) coins into spot BTC ETF shares, like BlackRock’s IBIT. Why give up decentralization?
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