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Analyst: Some Bitcoin whales are converting physical BTC into ETFs, with IBIT executing approximately $3 billion in transactions

Oct 22, 2025 10:51:42

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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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