Large Bitcoin holders are increasingly transferring their digital assets to Wall Street's balance sheets through new ETFs, according to Bloomberg. These funds, operated by major asset managers like BlackRock, allow cryptocurrency investors to integrate their holdings into the regulated financial system without selling. BlackRock's head of digital assets, Robbie Mitchnick, reported facilitating over $3 billion in such conversions. Bitwise Asset Management and Galaxy are also seeing interest from investors looking to convert their Bitcoin holdings into traditional financial platforms. This trend reflects a growing preference among Bitcoin holders for the convenience of managing their assets within established financial relationships.