BlackRock has lowered the minimum amount required for Bitcoin-to-IBIT conversion to $1 million. This is a 96% decrease from the previous threshold of $25 million. The move may open up opportunities for qualified individuals and institutions that wish to participate in the program, but it will not affect regular IBIT
BlackRock reportedly cut its Bitcoin-to-IBIT swap minimum from $25 million to $1 million as demand for in-kind conversions grows.
