BlackRock Cuts IBIT Bitcoin Conversion Minimum to $1 Million From $25 Million

Rickler Feed (@rickler_feed), Aug 11, 2026, 07:22 UTC

BlackRock Cuts IBIT Bitcoin Conversion Minimum to $1 Million From $25 Million Bitcoin holders can now convert BTC in kind into shares of BlackRock’s iShares Bitcoin Trust (IBIT) with a minimum transaction size of USD 1 million, down sharply from USD 25 million previously, according to Bloomberg ETF analyst Eric Balchunas. BlackRock digital-assets head Robbie Mitchnick said the firm hopes to lower the threshold further over time, ultimately making the mechanism available at any transaction size. — link

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