How BlackRock (BLK) is Quietly Turning Bitcoin Whales Into Wall Street Clients

Bloomberg reported on August 25, 2026, that BlackRock, Inc. (NYSE:BLK) cut the minimum size for converting large Bitcoin holdings directly into shares of its iShares Bitcoin Trust ETF to $1 million in July, down from $25 million when the in-kind conversion process first became available. The fund has facilitated more than $5 billion of these [...] Source: https://finance.yahoo.com/markets/crypto/articles/blackrock-blk-quietly-turning-bitcoin-203223849.html