BLACKROCK ACCELERATES BITCOIN’S WALL STREET SHIFT BlackRock cut the minimum for converting Bitcoin directly into IBIT ETF shares to $1 million from $25 million, helping institutionalize crypto ownership. More than $5 billion has already moved into IBIT through these in-kind conversions. Bitwise, Morgan Stanley and Grayscale are seeing similar adoption, while the mechanism is expanding into Ether and Solana. Lower minimums and easier custody could drive further migration from private wallets into ETFs.(*Walter Bloomberg)