Crypto

BlackRock's $5B Bitcoin Swap Program Soars 60% Since October

Guavy AI Editorial Team Published September 6, 2026

Instruments

BTC

BlackRock's in-kind swap program has processed over $5 billion in Bitcoin-to-iShares Bitcoin Trust (IBIT) conversions, a significant growth of 60% since October 2025. By lowering the minimum swap size from $25 million to $1 million in July 2026, BlackRock opened access to high-net-worth individuals and smaller funds.

This move reduces self-custody risks and integrates Bitcoin exposure into traditional brokerage accounts, enhancing convenience and tax efficiency.

The Wire

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