ohxiyu
ohxiyu
2013年加密货币/长线比特币/AI
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According to Bitcoin Magazine quoting Barron's, Robbie Mitchnick, head of BlackRock Digital Assets, said that the activity of large holders exchanging their self-custodied BTC for IBIT shares has reached an all-time high, with clients citing safety and peace of mind as the top reasons.
2026/08: In an interview with Bloomberg, Mitchnick mentioned that kidnappings, extortion, and custody incidents have prompted some holders to convert part or all of their positions into ETFs.
2026/11/09: Barron's reported new developments in such conversions, stating that BlackRock has handled about $3.6 billion, with the threshold lowered to about $1 million to $2 million, facilitated by institutions like Galaxy, Talos, and Virtu.
All of the above are media reports.
My view: Choosing ETFs out of concern for personal safety is understandable. After the exchange, what you hold are fund shares in a brokerage account, with the underlying BTC custodied by institutions, and you no longer control the private keys yourself. While you relieve yourself of the burden of key custody, you must also accept the constraints of the brokerage and custody system.
If you want to continue self-custody, you can use 2/3 multisig, distributing devices and keys from different brands and channels separately, so that the signature threshold cannot be met at a single location. This can reduce the risk of single-point theft but cannot prevent ongoing personal coercion. Position information should also be minimally exposed.
Now no one says compliance is useless anymore.
In fact, there are many compliant platforms, but most have compliance without liquidity.
Star_OKX
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Risk warning: Crypto is volatile. You can lose everything you invest in. OKX Europe Ltd, authorised by the MFSA.
Zcash NU7 was successfully activated at block height 3,543,405
Nodes need to upgrade to supported versions (e.g., Zebra 7.0.0).
Key changes include: the target block interval shortened from 75 seconds to 25 seconds (confirmation speed increased about 3 times, daily issuance remains unchanged); all v4 transactions are disabled, causing approximately 12,224 ZEC remaining in the Sprout old privacy pool launched in 2016 (worth about 16 million USD) to be unspendable even with the correct private keys, with no guarantee of future access restoration.
A network sustainability mechanism is introduced: 60% of transaction fees per block are removed from circulation and enter a reserve, expected to be gradually redistributed to miners starting around 2031 (block 8,939,664), with miners immediately receiving 40%;
The supply cap remains 21 million, and no new transaction formats are introduced.
The upgrade is overall regarded as a technical optimization, improving efficiency and long-term sustainability while cleaning up outdated protocols.
