BTC $78,873.23 +0.04%
ETH $2,497.25 +0.57%
BNB $751.50 +0.85%
XRP $1.43 +2.44%
SOL $103.88 +0.56%
TRX $0.3384 +1.05%
DOGE $0.0903 +0.52%
ADA $0.2193 +0.48%
BCH $260.05 +0.66%
LINK $12.50 -1.27%
HYPE $85.66 +1.72%
AAVE $129.03 -1.72%
SUI $0.8156 -0.31%
XLM $0.1883 -1.06%
ZEC $1,214.92 +7.70%
BTC $78,873.23 +0.04%
ETH $2,497.25 +0.57%
BNB $751.50 +0.85%
XRP $1.43 +2.44%
SOL $103.88 +0.56%
TRX $0.3384 +1.05%
DOGE $0.0903 +0.52%
ADA $0.2193 +0.48%
BCH $260.05 +0.66%
LINK $12.50 -1.27%
HYPE $85.66 +1.72%
AAVE $129.03 -1.72%
SUI $0.8156 -0.31%
XLM $0.1883 -1.06%
ZEC $1,214.92 +7.70%

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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