BlackRock's IBIT has absorbed over $3 billion in Bitcoin via in-kind swaps as whales shift from self-custody for the first time in 15 years.

Bitcoin whales moved $3 billion into BlackRock's IBIT ETF as self-custodied Bitcoin declined for the first time in 15 years, reshaping crypto's

ETF issuers are lowering the barrier for bitcoin whales to trade self-custody for ETF shares.