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      BlackRock Lowers Minimum Investment for Bitcoin ETF Conversion

      BlackRock has reduced the minimum investment required to convert Bitcoin into shares of its IBIT ETF from $25 million to $1 million. This change is aimed at making cryptocurrency ownership more accessible to institutional investors.

      Since the introduction of this new minimum, over $5 billion has been transferred into the IBIT ETF through in-kind conversions. This move is seen as a significant step in the ongoing integration of cryptocurrency into traditional financial markets.

      © 2026 KLEA News. All Rights Reserved. This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

      Source: KLEA News

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