BlackRock’s Ethereum ETF Sees Record Inflow of $546 Million
Amidst a sharp rise in the price of the second-largest cryptocurrency by market capitalization, the daily net inflow into BlackRock’s ETHA exchange-traded fund reached $546.7 million.
BlackRock’s Ethereum ETF Sees Record Inflow of $546 Million
Amidst a sharp rise in the price of the second-largest cryptocurrency by market capitalization, the daily net inflow into BlackRock’s ETHA exchange-traded fund reached $546.7 million.
BlackRock’s IBIT Becomes Fastest Growing ETF, Surpassing Gold’s GLD
Assets of BlackRock’s largest exchange-traded fund, IBIT, exceeded $70 billion in just 341 trading days — the fastest pace among all ETFs.
JPMorgan to Accept BlackRock’s Bitcoin ETF as Loan Collateral
America’s largest bank, JPMorgan, is set to accept BlackRock’s Bitcoin ETF as collateral for loans to its clients in trading and asset management divisions, according to sources cited by Bloomberg. The institution may extend this decision to other spot exchange-traded funds based on digital gold in the future. The changes apply to all bank clients, […]
BlackRock sells, Strategy buys: the latest bitcoin whale moves
BlackRock sold about $430m of bitcoin; Strategy bought $75m. Outflows from BTC ETFs continued for a third straight day; inflows to ETH ETFs rose for an 11th day in a row. Strategy announced a 2.5m Series A preferred share issue to aggressively build its bitcoin reserves. Asset manager BlackRock, issuer of the BTC ETF under […]
Investors Channel $2.3 Billion into Bitcoin ETFs Over Six Days
On May 21, investors poured $609 million into spot ETFs based on digital gold, amounting to $2.3 billion over the past six days. Data: SoSoValue. This trend coincided with the first cryptocurrency reaching a new all-time high above $109,000. On May 22, prices surged past the $111,000 mark. Total inflows into these products increased to […]
Bitcoin Spot ETF Inflows Surpass $1.5 Billion in Three Days
On May 5, investors funneled $425.5 million into spot ETFs based on digital gold, with a total of $1.52 billion over the past three days. Source: SoSoValue. On May 5, BlackRock’s IBIT made a significant contribution to the positive trend with $531.2 million. Source: SoSoValue. IBIT’s Bitcoin position reached 614,639 BTC. Over the past two […]
Author of ‘The Bitcoin Standard’ Dismisses Institutional Threat to Bitcoin
BlackRock and Strategy pose no threat to the first cryptocurrency’s protocol, as they have fiduciary duties to their investors. Since November 2024, bitcoin balances on exchanges have dropped by approximately 425,000 BTC, with around 350,000 BTC attributed to corporate purchases. Even if a single company acquires a substantial amount of digital gold, it will not […]
BlackRock’s Crypto ETF Inflows Reach $3 Billion in Q1
Of the $107 billion in net inflows to BlackRock’s ETFs under the iShares brand from January to March, $3 billion (2.8%) were allocated to digital asset products, according to the report by the asset management company. Data: BlackRock. BlackRock earned $34 million in fees from BTC-ETF and ETH-ETF operations, accounting for less than 1% of […]
BlackRock CEO Warns Bitcoin Poses Threat to Dollar’s Dominance
The status of the US dollar as the world’s reserve currency is under threat, according to BlackRock CEO Larry Fink in his annual letter to investors. He stated that the uncontrolled growth of US debt and budget deficit could lead to a loss of this position in favor of digital assets like Bitcoin. The US […]
BlackRock to Launch Bitcoin ETF on European Exchanges
On March 25, BlackRock will list its iShares Bitcoin ETF on the European market. The instrument will trade under the ticker IB1T on the Xetra and Euronext Paris platforms, and in Amsterdam under the ticker BTCN, reports Bloomberg. This marks BlackRock’s first foray of cryptocurrency funds outside the United States. “The launch of the product […]
BlackRock Sees Potential Recession as a “Major Catalyst” for Bitcoin
A potential recession in the United States could trigger the next bitcoin bull run due to liquidity injections and fiscal measures, according to BlackRock’s head of digital assets, Robert Mitchnick. “If you look at bitcoin fundamentally on a long-term basis, it really seems like an asset that should be uncorrelated or even inversely correlated against […]
Experts Question Bitcoin’s Status as Digital Gold
Gold remains a reliable safe-haven asset, while Bitcoin continues to behave like high-risk tech stocks during periods of market instability. This conclusion was reached by experts surveyed by The Block. Nigel Green, CEO of deVere Group, highlighted the accumulation of “warning signals” indicating the possibility of continued sell-offs in the stock market. The executive pointed […]We use cookies to improve the quality of our service.
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