Podcast Alpha(@PodcastAlphaX):BlackRock assumed big Bitcoin holders converting into iBit were fleeing custody risk. Jay Jacobs, BlackRock's US Head of Equity ETFs, told Anthony Pompliano @APompliano that's only part of it. The bigger pull: once Bitcoin sits inside the ETF wrapper, a holder can borrow against it, layer options, or rotate into the S&P 500. None of that works from a hardware wallet. In-kind minimums have also dropped to $1.5-2 million, pulling in more holders. $BLK Podcast Alpha tracks how BlackRock's own ETF mechanics are reshaping Bitcoin demand. Full breakdown: https://t.co/jeTMOfM7Qt Source: Anthony Pompliano -

2026.09.18 21:15

BlackRock assumed big Bitcoin holders converting into iBit were fleeing custody risk. Jay Jacobs, BlackRock's US Head of Equity ETFs, told Anthony Pompliano @APompliano that's only part of it. The bigger pull: once Bitcoin sits inside the ETF wrapper, a holder can borrow against it, layer options, or rotate into the S&P 500. None of that works from a hardware wallet. In-kind minimums have also dropped to $1.5-2 million, pulling in more holders. $BLK Podcast Alpha tracks how BlackRock's own ETF mechanics are reshaping Bitcoin demand. Full breakdown: Source: Anthony Pompliano -