BlackRock Cuts Minimum for In-Kind Bitcoin Conversion into IBIT to $1M

BitcoinWorld BlackRock Cuts Minimum for In-Kind Bitcoin Conversion into IBIT to $1M BlackRock has reduced the minimum size for in-kind Bitcoin conversions into shares of the iShares Bitcoin Trust (IBIT) to $1 million, down from the previous $25 million threshold.

The change, confirmed by Bloomberg ETF analyst Eric Balchunas, allows Bitcoin holders to convert smaller amounts of BTC directly into IBIT shares through the mechanism.

What the Change Means for Investors The adjustment lowers the barrier for institutional and high-net-worth investors who hold Bitcoin and want to gain exposure through a regulated ETF without first selling their BTC.

Robbie Mitchnick, BlackRock’s head of digital assets, said the firm intends to lower the threshold further over time, with the eventual goal of making in-kind conversions accessible regardless of trade size.