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...
Blackrock’s DeFi Push Continues With $3.35M USDC Transfer to Ondo Finance
BlackRock’s BUIDL Fund continued its growing involvement in the cryptocurrency space, most recently transferring $3.35 million USDC to multiple addresses, including Ondo Finance, as reported by Arkham data. This move...
Bitcoin’s Surge and BlackRock CEO’s Endorsement Fuel Bullish Altcoin Sentiment
A crypto podcast host suggests that Bitcoin’s recent price jump after the Federal Reserve’s interest rate cut is what has ignited the bullish sentiment across the altcoin market as well....
BlackRock: Bitcoin’s Unique Drivers Set it Apart from Traditional Assets
Bitcoin has outshined all major asset classes in seven of the last ten years, while also experiencing the worst performance in the remaining three. This highlights the digital asset’s unique...
Mastercard Unveils Euro Crypto Debit Card: Spend Bitcoin Directly
Global payments giant Mastercard has launched a Euro-dominated crypto debit card. This new payment tool will enable users to spend crypto from self-custodial wallets at millions of merchants worldwide. Mainstream...
Blackrock Launches Spot Ethereum ETF on Brazil’s B3 Exchange
BlackRock, the world’s largest asset manager, is set to launch its spot Ethereum exchange-traded fund (ETF) on Brazil’s B3 exchange. The iShares Ethereum Trust (ETHA) will debut on Wednesday, offering...
BlackRock’s Crypto ETFs Outshine Grayscale’s in AUM
BlackRock’s ETFs have hit a major milestone in the cryptocurrency market. For the first time ever, BlackRock’s Bitcoin (IBIT) and Ethereum (ETHA) ETFs have surpassed Grayscale’s ETFs — including GBTC,...
Hedge Funds Pile into Bitcoin ETFs, 13F Filings Show
A Bloomberg report has revealed that the number of hedge funds holding Bitcoin exchange-traded funds (ETFs) has grown to 1,950, with 701 new funds adding spot Bitcoin ETFs to their...
