Эксперт заявил о конце эры самостоятельного хранения биткоина

cryptonews.ruОпубліковано о 2025-10-13Востаннє оновлено о 2025-10-22

Времена самостоятельного хранения криптовалют близятся к завершению, поскольку крупные игроки все чаще отдают предпочтение ETF. Об этом заявил глава блокчейн-исследований в Uphold Мартин Хисбек.

The real reason for all the whale movements out of self-custody is simple: taxes.

We are witnessing the first decline in self-custodied Bitcoin in 15 years.

BlackRock's iShares spot Bitcoin ETF (IBIT) has facilitated over $3 billion worth of Bitcoin conversions from whales.… pic.twitter.com/yepXRbLozM
— Dr Martin Hiesboeck (@MHiesboeck) October 22, 2025

Обратному переходу в традиционные финансовые инструменты способствуют налоговые льготы и совершенствование институциональной инфраструктуры, а также возможность управлять капиталом через консультантов и получать доступ к более широкому спектру услуг, считает эксперт.

«Мы наблюдаем первое снижение объемов самостоятельного хранения биткоинов за 15 лет», — добавил он.

По подсчетам Хисбека, биржевой фонд IBIT от BlackRock обеспечил конвертацию первой криптовалюты «китами» на сумму более $3 млрд. В общей сложности американские эмитенты поглотили монеты стоимостью $151 млрд — около 6,8% эмиссии.

Источник: SoSoValue.

Недавнее изменение правил Комиссии по ценным бумагам и биржам США, разрешающее погашение криптовалютных ETF в натуральной форме, тоже ускорило переход.

Нововведение позволяет авторизованным участникам напрямую обменивать криптовалюту на акции фондов, что более эффективно и потенциально выгодно с точки зрения налогообложения, чем погашение наличными.

«Тенденция свидетельствует о более глубокой интеграции биткоина в традиционную финансовую систему и отходе от мантры самостоятельного хранения — “не ваши ключи, не ваши монеты”. Ещё один гвоздь в крышку гроба первоначальной криптовалютной идеи», — подчеркнул Хисбек.

Кроме того, ускоряется развитие криптовалютный торговых инструментов в других крупных юрисдикциях вроде ЕС, Великобритании и Австралии.

Напомним, в октябре Комиссия по ценным бумагам и фьючерсам Гонконга одобрила первый в регионе спотовый ETF на базе Solana.

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