Crypto Biz: Bitcoin whales trade keys for comfort

CointelegraphFriday, October 24, 2025 at 8:00:00 PM
Crypto Biz: Bitcoin whales trade keys for comfort
In a notable shift, early Bitcoin whales are moving towards exchange-traded funds (ETFs), opting for the benefits of traditional finance while relinquishing their private keys. This trend comes as BlackRock's ETF conversions gain momentum and marks a significant change in the landscape of cryptocurrency custody, breaking a 15-year trend of on-chain self-custody. This development is important as it reflects the evolving relationship between cryptocurrency and traditional financial systems, potentially influencing future investment strategies.
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