It just got 25 times easier to move self-custody Bitcoin directly onto Wall Street, and $5 billion already has

A new pipeline has made it 25 times easier for holders to move self-custody Bitcoin directly onto Wall Street, and roughly $5 billion has already been transferred through it. The rapid adoption indicates strong institutional demand and materially lower frictions for turning privately held BTC into exchange- or custodian-held assets. For Bitcoin, this should increase institutional liquidity and market integration while concentrating custody risk and magnifying the market impact of large institutional flows.