BLACKROCK DRAWS BITCOIN WHALES INTO WALL STREET
Big Bitcoin holders are shifting funds into Wall Street ETFs after July’s rule change allowing tax-free, in-kind Bitcoin transfers. BlackRock has converted over $3 billion so far, with Bitwise and Galaxy seeing rising demand. The move lets investors hold Bitcoin through traditional brokerage accounts—enabling loans, collateral use, and estate planning. Many are drawn by the security, convenience, and legitimacy of the financial system, even as it brings Bitcoin’s biggest players back into traditional finance.
(@WalterBloomberg)
Big Bitcoin holders are shifting funds into Wall Street ETFs after July’s rule change allowing tax-free, in-kind Bitcoin transfers. BlackRock has converted over $3 billion so far, with Bitwise and Galaxy seeing rising demand. The move lets investors hold Bitcoin through traditional brokerage accounts—enabling loans, collateral use, and estate planning. Many are drawn by the security, convenience, and legitimacy of the financial system, even as it brings Bitcoin’s biggest players back into traditional finance.
(@WalterBloomberg)
Maybe some of you can relate
https://x.com/Route2FI/status/1980755133177770194?t=pPIYALnXgZdMHPdRSpuq3g&s=19
https://x.com/Route2FI/status/1980755133177770194?t=pPIYALnXgZdMHPdRSpuq3g&s=19
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Route 2 FI (@Route2FI) on X
Once you’ve been in the crypto space for some years, normal life stops making sense. It's getting harder to relate to normies. Talking about work, vacations, and the latest gossip. None of it is interesting. Nothing feels real anymore.
In a sense, your…
In a sense, your…