BREAKING
112d 2h ago

Bitcoin Flows to Wall Street via In-Kind ETFs Backed by BlackRock as Crypto Whales Shift Holdings into Regulated Markets

BTC

BTC/USDT

$71,354.77
+3.55%
24h Volume

$17,366,629,629.18

24h H/L

$71,554.95 / $68,531.50

Change: $3,023.45 (4.41%)

Long/Short
65.5%
Long: 65.5%Short: 34.5%
Funding Rate

-0.0023%

Shorts pay

Data provided by COINOTAG DATALive data
Bitcoin
Bitcoin
Daily

$71,351.87

2.98%

Volume (24h): -

Resistance Levels
Resistance 3$79,008.03
Resistance 2$75,548.63
Resistance 1$72,179.52
Price$71,351.87
Support 1$70,589.27
Support 2$67,300.00
Support 3$62,909.86
Pivot (PP):$70,598.27
Trend:Downtrend
RSI (14):35.3

Bloomberg reports that sizable Bitcoin holders are reallocating capital from crypto wallets into regulated markets, pushing liquidity onto Wall Street balance sheets.

A new cadre of ETFs offers these traders a path to integrate digital assets with traditional finance without divesting Bitcoin, using funds managed by major players such as BlackRock.

A regulatory change this summer enabled this approach: investors can deliver Bitcoin to an ETF in exchange for shares, a process known as in-kind exchange, which has gained approval for Bitcoin products as of July.

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