BlackRock has now done $5b of tax deferred bitcoin to ETF swaps, which can now be done for as little as $1mil.. “It’s going to keep growing because we keep expanding the access,” said Robbie Mitchnick, head of digital assets at BlackRock. “People see things happen in the outside world — whether it’s kidnappings, ransom, custody failures — that motivate them to make this switch for all or some of their holdings.” Nice scoop from @isabelletanlee & @veenaalikhan1(Eric Balchunas)