BlackRock | ForkLog

ForkLog 6 23.04.2024

BlackRock’s Spot Bitcoin ETF Sees 70 Consecutive Days of Inflows

Inflows into BlackRock’s IBIT have reached 70 consecutive days, placing the product among the top ten exchange-traded funds with the longest streaks of daily inflows. Bloomberg analyst Eric Balchunas highlighted this achievement. $IBIT inflow streak currently at 69 DAYS. one more day and it moves into Top 10 and ties $JETS (a streak I was […]

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ForkLog 12 02.04.2024

Bitcoin ETF Outflows Resume: IBIT and FBTC Inflows Fail to Counter GBTC Impact

On April 1, net outflows from spot Bitcoin ETFs reached $85.8 million. The trend turned negative again on the fifth trading day due to Grayscale’s GBTC, which saw $302.6 million in client funds withdrawn, according to SoSoValue. Data: SoSoValue. Inflows into BlackRock’s IBIT amounted to $165.85 million, while Fidelity’s FBTC saw $44 million. This was […]

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ForkLog 14 28.03.2024

BlackRock’s Bitcoin Holdings Surpass $17 Billion

The volume of bitcoins acquired by BlackRock’s Shares Bitcoin Trust (IBIT) has increased to 245,951 BTC (~$17.47 billion) after 11 weeks of trading, while Fidelity’s Wise Origin Bitcoin Fund (FBTC) holds 143,720 BTC ($10.21 billion), according to data from BuyBitcoinWorldwide. In third place among competitors, the GBTC — ARK 21Shares Bitcoin ETF (ARKB) — has […]

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ForkLog 6 28.03.2024

BlackRock’s Tokenized Money Fund Attracts $245 Million

The assets under management of the BlackRock USD Institutional Digital Liquidity Fund (BUIDL) have grown to $244.8 million, according to Etherscan. The number of token holders has reached seven. BUIDL is backed by U.S. Treasury bills, REPO agreements, and fiat currency. Securitize serves as the tokenization platform, as well as the transfer and listing agent. […]

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ForkLog 8 28.03.2024

BlackRock CEO Surprised by Bitcoin ETF Hype

BlackRock CEO Larry Fink expressed his surprise at the interest from retail investors in the company’s spot Bitcoin ETF during an interview with Fox Business. ?NEW: @BlackRock CEO Larry Fink on $BTC and his $IBIT ETF: “Look, I’m very bullish on the long term viability of Bitcoin. We’re creating now a market that has more […]

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ForkLog 6 26.03.2024

Bernstein Evaluates the Prospects of BlackRock’s Tokenized Fund

The launch of BlackRock’s tokenized fund on the Ethereum blockchain is significant, as the asset manager has attracted key partners from TradFi and the crypto sector. This is reported by CoinDesk, citing a Bernstein report. Analysts believe that using a public network instead of private solutions like JPMorgan’s Onyx expands interaction possibilities in the digital […]

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ForkLog 6 21.03.2024

Bitcoin Spot ETF Outflows Persist for Third Consecutive Day

On March 20, the total net outflow from Bitcoin spot ETFs amounted to $261 million, continuing a negative trend for the third consecutive day. According to SoSoValue data, on March 20, the total net outflow of Bitcoin spot ETFs was $261 million, marking three consecutive days of net outflows. The ETF GBTC had a single-day […]

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ForkLog 9 20.03.2024

Goldman Sachs Explores Investment in Crypto Bankruptcy Claims

Goldman Sachs is considering “the possibility of investing in claims against bankrupt companies in the cryptocurrency sector and other options,” according to Matthew McDermott, head of the bank’s digital assets department, as reported by The Block. The executive did not specify whether the institution has begun participating in such deals. Following the collapse of several […]

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ForkLog 20 12.03.2024

BlackRock’s Spot Bitcoin ETF AUM Surpasses 200,000 BTC

Just two months after the launch of the first spot Bitcoin ETFs in the US, the assets under management of BlackRock’s IBIT fund have exceeded 200,000 BTC ($14.6 billion).

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ForkLog 11 11.03.2024

BlackRock’s IBIT Surpasses MicroStrategy in Bitcoin Holdings

BlackRock’s iShares Bitcoin Trust (IBIT) has acquired 197,943 BTC, surpassing MicroStrategy’s 193,000 BTC, according to data from BitMEX Research. [2/4] Same data in BTC terms pic.twitter.com/1sccUA2FTE — BitMEX Research (@BitMEXResearch) March 9, 2024 In value terms, the largest competitor, GBTC, holds the leading cryptocurrency worth $13.58 billion. This volume was achieved nearly 40 trading sessions […]

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ForkLog 12 05.03.2024

Stanford Students Allocate 7% of Portfolio to Bitcoin

The student-managed Blyth investment fund at Stanford has incorporated digital gold into its portfolio via BlackRock’s IBIT, allocating a 7% share. Stanford Endowment has bought Bitcoin at 45k. In February, pitched IBIT to Blyth Fund, the student-run fund which manages a portion of Stanford’s Endowment. Bitcoin is now ~7% of the portfolio. Here’s the pitch […]

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ForkLog 7 05.03.2024

SEC Delays Decision on BlackRock’s Spot Ethereum ETF

The U.S. Securities and Exchange Commission (SEC) extended the review period for BlackRock’s application to launch a spot Ethereum ETF. The regulator made a similar decision regarding a comparable proposal from Fidelity. The Commission will continue to collect public comments. Both investment giants submitted applications to register exchange-traded funds based on the spot price of […]

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