BELET REDUCED THE BTC PHYSICAL IBIT THRESHOLD FROM $25 MILLION TO $1 MILLION

On 11 August, according to Bloomberg ETF analyst Eric Balchunas, investors are now able to convert the BTC in kind to IBIT, the minimum size of which has been significantly reduced from the previous $25 million to $1 million. Robbie Mitchnick, the digital asset manager in Beled, stated that in the future it was hoped that the threshold would be further lowered and that the mechanism would eventually be available to investors of any size。