Abu Dhabi’s Sovereign Fund Reveals Investment in BlackRock’s Bitcoin ETF
The government-owned Mubadala Investment Company of Abu Dhabi disclosed an investment in BlackRock’s spot Bitcoin ETF amounting to $436.9 million.
Abu Dhabi’s Sovereign Fund Reveals Investment in BlackRock’s Bitcoin ETF
The government-owned Mubadala Investment Company of Abu Dhabi disclosed an investment in BlackRock’s spot Bitcoin ETF amounting to $436.9 million.
Nasdaq Proposes Rule Change for BlackRock’s Bitcoin ETF
Nasdaq, the world’s second-largest stock exchange, has submitted an application on behalf of BlackRock to amend the structure of the iShares Bitcoin Trust (IBIT) to allow for in-kind redemptions.
BlackRock CEO Outlines Condition for Bitcoin to Reach $700,000
Should investors across all categories—from private to institutional—decide to allocate 2% to 5% of their portfolios to the leading cryptocurrency, its value could reach $700,000. This was stated by BlackRock CEO Larry Fink in an interview with Bloomberg.
Open interest in options on BlackRock’s IBIT nears half of Deribit’s
Two months after the start of trading, open interest in options on BlackRock’s bitcoin ETF has risen to nearly 50% of the total on leading platform Deribit, CoinDesk reported. As of January 13, the figures stood at $11bn and $23bn, respectively. The launch of IBIT options has given U.S. institutional investors a regulated product, unlike […]
BlackRock says bitcoin adoption outpaces the internet and mobile phones
Since bitcoin’s launch in 2009, its adoption has outpaced that of the internet and mobile phones, according to BlackRock. It took the first cryptocurrency 12 years to reach 300 million users, versus 15 for the internet and 21 for mobile phones. Bitcoin’s faster trajectory has been driven by: demographics—the young are considered “digital native”, which […]
Kaiko Highlights 2024 in Ten ‘Best Charts’
Kaiko described 2024 as a landmark year for cryptocurrency markets, summarizing it through ten charts. Bitcoin’s Path to $100,000 The market strengthened following the launch of BTC-ETF, with the fourth halving proceeding without surprises. Waves of billion-dollar liquidations did not overshadow the success of digital gold. The price increase since the beginning of the year […]
BlackRock’s Bitcoin Video Sparks Community Debate
On December 17, investment firm BlackRock released a brief educational video about Bitcoin, including a disclaimer suggesting that the 21 million coin supply cap might be reconsidered. This note provoked a strong reaction within the community. JUST IN: BlackRock releases 3 minute educational video explaining what #Bitcoin is. pic.twitter.com/EjqBbV0GRn — Bitcoin Magazine (@BitcoinMagazine) December 17, […]
Ethena Introduces Stablecoin Backed by BlackRock’s BUIDL
Ethena Labs, the issuer of USDe, has launched the stablecoin USDtb in collaboration with Securitize, a platform specializing in the tokenization of real-world assets (RWA). Today we are launching our new stablecoin product, USDtb, backed by @BlackRock‘s BUIDL Fund in partnership with @Securitize Read below for full details? pic.twitter.com/mSf3mWv3oF — Ethena Labs (@ethena_labs) December 16, […]
Sygnum: Institutional Inflows to BTC-ETFs Boost Bitcoin by 3-6% per $1 Billion
Institutional capital exerts a “multiplicative effect” on Bitcoin: each $1 billion inflow into BTC-ETFs pushes prices up by 3-6%. This is according to a report from the regulated crypto bank Sygnum. Data: Sygnum. Growing interest from institutional investors is setting the stage for a “demand shock” in 2025. Analysts noted the potential for increased purchases […]
BlackRock and Fidelity Acquire $500 Million in Ethereum for ETFs Over Two Days
BlackRock’s iShares Ethereum Trust (ETHA) and Fidelity Ethereum Fund (FETH) purchased $500 million worth of Ethereum between December 10 and 11, according to data from Arkham. PAST 48 HOURS: BLACKROCK AND FIDELITY BOUGHT OVER HALF A BILLION USD OF ETH pic.twitter.com/44N5mRAT5O — Arkham (@arkham) December 11, 2024 BlackRock and Fidelity acquired the coins through Coinbase […]
BlackRock Forecasts Bitcoin and AI Developments by 2025
BlackRock, one of the world’s largest asset managers with $10.5 trillion under management, highlighted the prospects of AI and Bitcoin as diversifiable assets in its “Global Outlook for 2025” report. AI — More Transformative Than the Industrial Revolution Artificial intelligence has the potential not only to enhance efficiency in specific tasks but also to accelerate […]
BlackRock and MARA Acquire 9173 BTC Amid Bitcoin’s Dip Below $100,000
On December 5, BlackRock and MARA Holdings purchased 7750 BTC and 1423 BTC respectively, while an unknown whale acquired 600 BTC as the leading cryptocurrency’s price fell to $90,500. That day, Bitcoin’s decline exceeded 13% at its lowest point, with the price plummeting from an all-time high above $104,000 to $90,500, before rebounding to $98,000. […]We use cookies to improve the quality of our service.
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