The traditional finance world is making a significant impact on the cryptocurrency landscape. BlackRock has ascended to become the leading institutional custodian of Bitcoin, surpassing Coinbase and Binance. This shift in power dynamics marks a turning point in how crypto assets are managed. While exchanges once dominated the scene, they are facing a growing challenge from Blackrock’s regulated ETFs, reflecting a broader trend toward traditional finance within the cryptocurrency ecosystem. BlackRock’s dominance is evident through its Bitcoin ETF (IBIT), currently holding 745,357 BTC, surpassing both Coinbase and Binance in this arena. This unprecedented move showcases the growing influence of established financial institutions in crypto markets. ]