BlackRock: IBIT BTC Exchange Minimum Cut to $1M
BlackRock lowers IBIT in-kind BTC exchange minimum to $1 million from $25 million, per Robbie Mitchnick on Bloomberg TV.
SourceAnalysis
BlackRock has slashed the minimum for in-kind BTC exchanges into IBIT to $1 million from $25 million, Robbie Mitchnick confirmed on Bloomberg TV.
With price testing upper Bollinger resistance at $65524.54 while RSI sits at 35.85, a healthy retracement to the 50-EMA support at $64534.11 seems probable before further continuation as BTC price prediction models factor in crypto market crash risks and AI industry impact on flows.
Eric Balchunas
@EricBalchunasBloomberg's Senior ETF Analyst and acclaimed author, co-hosting Trillions & ETF IQ while bringing deep institutional investment insights.
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