BlackRock Lures $3B from Self-Custody to Regulated Bitcoin Exchange
Bitcoin holders have shifted $3 billion into BlackRock's iShares Bitcoin Trust ETF by the end of 2025. This marks a significant change in the Bitcoin ecosystem, with more coins held in institutional vaults rather than individual wallets.
The shift reflects growing trust in regulated financial products over personal custody. Holders are attracted to better tax treatment, easier compliance, and portfolio management offered by BlackRock's ETF.
This move may affect on-chain liquidity and control as more Bitcoin is held in regulated exchanges like the iShares Bitcoin Trust ETF.