- Traders have reportedly moved $35 million in BTC and ETH to interest-bearing crypto accounts at BlockFi.
- BlockFi is introducing a 25 BTC and 500 ETH cap next month to discourage crypto whales.
As per Bloomberg, Bitcoin and Ethereum investors are moving their crypto to interest-bearing accounts by the millions. In the first week of March, Block Fi, a New York-based fintech startup providing interest-bearing accounts, was launched. Traders have reportedly moved $35 million in BTC and ETH to interest-bearing crypto accounts at BlockFi, in just three weeks.