BlackRock
BlackRock Bucks the Trend: Buys Bitcoin Again, This Time $50 Million Worth
Arkham Intelligence reported on X that while major financial institutions like Fidelity, Grayscale, and Invesco are reducing their Bitcoin holdings, BlackRock has made a pretty substantial acquisition of $50 million...
BlackRock CEO “Surprised” by Bitcoin ETF’s Record-Breaking Demand
BlackRock CEO Larry Fink has reaffirmed his bullish stance on Bitcoin, citing record-breaking demand for the firm’s iShares Bitcoin ETF (IBIT). “I’m very bullish on the long-term viability of Bitcoin,”...
BlackRock and Fidelity Buy Millions in ETH Amid Market Volatility
BlackRock, the top-tier asset management company provider, purchased 100,535 ETH, equivalent to $284.92 million, on Wednesday morning. A cryptocurrency transactions tracker that posted about BlackRock’s latest acquisition on X also...
BlackRock’s Bitcoin ETF Experiences Massive Outflows
BlackRock’s Bitcoin ETF witnessed a significant outflow of funds, with investors rapidly pulling assets out. As expected, this caused all kinds of concerns about a potential crypto market crash, especially...
IRS Delays Crypto Tax Rules as BlackRock Joins Stablecoin Race
The Internal Revenue Service (IRS) has announced a delay in enforcing new crypto cost-basis reporting rules, pushing the start date to December 31, 2026. This gives brokers more time to...
Bitcoin Hits 19.8 Million Mined Units: What’s Next for Its Supply Cap?
On Christmas Eve 2024, Bitcoin achieved a notable milestone by reaching 19.8 million mined units. This leaves fewer than 1.2 million bitcoins left to be mined before the total supply...
Bullish 2025 for AI Solutions and Bitcoin as ETF Outperforms Gold
Based on current projections, 2025 could mark an extremely bullish era for AI solutions and Bitcoin. An analyst who shared data on the ARC-AGI semi-private v1 score and the BlackRock...
Bitcoin 21M Supply Cap Under Scrutiny After BlackRock ETF Explainer
BlackRock released an explainer video about Bitcoin for its iShares BITI ETF offering, discussing why BTC matters, its evolution, limited supply, and global appeal. However, in the section addressing Bitcoin’s...
BlackRock Dismisses XRP ETF Idea: Here’s Why, According to Company Executive
Amid growing speculation about BlackRock launching an XRP ETF, the asset manager clarified its stance. Jay Jacobs, BlackRock’s Head of ETFs, addressed the rumors, saying the firm has “no immediate...
BlackRock’s Crypto ETF Strategy Highlights Bitcoin and Ethereum
BlackRock, the world’s largest asset management firm, is doubling down on its United States spot Bitcoin and Ethereum exchange-traded funds (ETFs), IBIT and ETHA, instead of launching investment products focused...
ETH Spot ETFs Break Records: $434M in One Day and $1B Total Inflows in 96 Days
US Ethereum spot ETFs have surpassed $1 billion in cumulative net inflows after just 96 trading days, according to data from Spot On Chain, an AI-powered market analysis platform. December...
Ethereum ETFs Gain Institutional Backing, Pushing ETH to $3,600
Institutional investors are warming up to Ethereum ETFs, as data from Kaiko Research, a digital assets market analysis platform, suggests. A recent report revealed that several traditional finance firms, including...
BlackRock’s BUIDL Fund Expands to Five New Blockchains
BlackRock is expanding its crypto footprint by launching new share classes of the BlackRock USD Institutional Digital Liquidity Fund (BUIDL) on five different blockchain ecosystems: Aptos, Arbitrum, Avalanche, Optimism’s OP...
Bitcoin Spot ETFs See $1.1 Billion Inflow as BTC Price Breaks New Records
Bitcoin spot ETFs experienced a dramatic surge in inflows on November 11, attracting a total of $1.11 billion, marking the second-largest single-day inflow on record since their launch. This increase...
BlackRock CEO Predicts Further Fed Rate Cuts Before Year-End
Larry Fink, CEO of BlackRock, discussed his expectations for the Federal Reserve’s upcoming policy decisions at the Future Investment Initiative in Saudi Arabia. He highlighted the ongoing monetary pressures and...
Bitcoin ETFs See Outflows, But BlackRock’s iShares Trust Keeps Buying
US Bitcoin exchange-traded funds (ETFs) saw outflows on October 22, ending a seven-day streak of strong inflows, according to Spot On Chain. Bitcoin’s price is near $67,200, reflecting trader uncertainty....
U.S. Debt Projections Stable Until 2034, Despite BlackRock’s Warnings
The Congressional Budget Office (CBO) released a draft of the U.S. budget projections through 2034, challenging concerns raised by BlackRock’s CEO Larry Fink. Despite Fink’s comments that rising government debt...
BlackRock BTC ETF Captures $1B in a Week as Market Cap Hits $63B
BlackRock’s Bitcoin exchange-traded fund (ETF) experienced a surge in demand. The total market capitalization for spot Bitcoin ETFs surpassed $63 billion this week, with nearly $20 billion in net inflows....
Bitcoin ETFs Drive Record $1.38 Billion BTC Accumulation in Three Days
Institutional investors are piling into Bitcoin ETFs at an unprecedented rate. Arkham Intelligence reports ETFs added over $1.38 billion worth of Bitcoin to their holdings in just three days, marking...
BlackRock’s Fink: Bitcoin is an Asset Class, Like Gold
Larry Fink, CEO of BlackRock, the world’s largest asset manager, has affirmed Bitcoin’s status as a legitimate investment option, likening it to gold. During the Q3 2024 earnings call on...
Bitcoin ETF Investors Flee: $242M Outflow as Middle East Tensions Rise
U.S. spot Bitcoin ETFs saw significant outflows on Tuesday, October 1st, as Bitcoin dropped below $61,000 due to rising tensions in the Middle East. Data from Farside Investors indicates that...
Bitcoin ETFs Now Hold More Bitcoin Than Miners Produce
US Bitcoin ETFs snapped up more Bitcoin than miners produced in September 2024. Data from HODL15Capital shows that ETFs collectively acquired 17,941 BTC, while miners only mined 13,500 BTC during...
Ethereum ETF Shows Bullish Signs, Inflows Near 3-Day Streak
Ethereum (ETH) is showing a bullish bias, with the ETH ETF reflecting early signs of an upward trend. Reports indicate the Ethereum ETF nearly recorded a three-day inflow streak recently...
Ethena to Launch Stablecoin Backed by BlackRock’s Tokenized BUIDL Fund
Ethena is preparing to launch a new stablecoin called UStb with Securitize, a real-world asset tokenization platform. Unlike its synthetic dollar stablecoin, USDe, UStb will be backed by BlackRock’s USD...
Bitcoin ETFs Near 1 Million BTC, Rivaling Satoshi’s Holdings
Bitcoin exchange-traded funds (ETFs) are edging closer to a significant milestone, with combined holdings approaching one million BTC. Most recent report shows US-listed Bitcoin ETFs currently hold 916,047 BTC. This...
