BlackRock cut the minimum for in-kind conversions on its iShares Bitcoin Trust to $1 million, a 96% drop from the $25 million threshold that had been in place. Robbie Mitchnick, the firm's head of digital assets, disclosed the change during a Bloomberg Television interview. The move opens the fund's redemption mechanism to a much wider set of
BlackRock Slashes IBIT Conversion Minimum to $1M, Widening Redemption Access
