‘Another nail in the coffin of the original crypto spirit’: Whales ditch self-custody for ETFs
- Posted on October 22, 2025
- By Cointelegraph
- 1 Views
‘Another nail in the coffin of the original crypto spirit’: Whales ditch self-custody for ETFs
Bitcoin’s self-custody era could be coming to a close as whales transfer holdings into ETFs, with BlackRock’s IBIT leading $3 billion in conversions following new SEC tax rules.