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Bloomberg Analyst: The minimum scale for converting BTC to IBIT in physical form has been reduced to $1 million
2026-08-11 09:02:05
According to CoinMeta, as analyzed by Bloomberg analyst Eric Balchunas, investors can now convert BTC into IBIT in physical form, with the minimum amount significantly reduced from $25 million to $1 million. BlackRock's head of digital assets, Robbie Mitchnick, stated that in the future, they hope to further lower the threshold so that investors of any size can utilize this mechanism.
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