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Crypto

Demand for Converting Bitcoin to Spot ETFs Reaches Record Levels at BlackRock

2026/11/11 17:10(Updated 2026/11/11 11:41)

CoinPost

Written by K.Kobayashi

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Demand for Converting Bitcoin to Spot ETFs Reaches Record Levels at BlackRock

Security Concerns

According to U.S. asset management giant BlackRock, interest in converting the cryptocurrency Bitcoin (BTC) into the company's spot ETF, 'IBIT,' is increasing among institutional investors, as reported by Barron's on the 9th.

The volume of transactions converting Bitcoin to ETFs at BlackRock is said to reach several billion dollars. This surge is attributed to growing concerns over security. Notably, this involves Bitcoin and ETFs...

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