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Wall Street's ETF lets Bitcoin whales swap coins for shares, avoiding taxes and easing management.

Market News
26 Aug 2026, 08:57 WIB
Crypto Briefing
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Bullish
Wall Street's ETF lets Bitcoin whales swap coins for shares, avoiding taxes and easing management.

BlackRock's iShares Bitcoin Trust has enabled over $3 billion in Bitcoin transfers from large holders through an in-kind creation process, allowing them to exchange Bitcoin directly for ETF shares without triggering taxable events. This shift reduces the complexity of self-custody, offering benefits like easier estate planning, portfolio integration, and liquidity access via traditional financial channels. While most Bitcoin remains in self-custody wallets, this trend signals growing adoption of regulated fund structures by wealthy holders, potentially increasing market transparency and attracting institutional investors.

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