BlackRock expects growing ETF demand amid security concerns! BlackRock’s Head of Digital Assets, Robbie Mitchnick, said in an interview with Barron’s that current interest in exchanging Bitcoin for IBIT shares is at an all-time high, with “security and peace of mind” being the main drivers. He previously highlighted risks such as kidnappings, extortion, and custody failures. The minimum transaction size for this type of exchange is now around $1-2 million, compared to approximately $30 million when the service first launched.
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