Tag Archives: BlackRocks

In a noteworthy development for the Bitcoin (BTC) market, BlackRock’s Bitcoin ETF, under the ticker name IBIT, has experienced a significant shift in trading dynamics.  After an impressive streak of 71 consecutive days of inflows, IBIT recorded zero inflows during Wednesday’s trading session, marking the first time in nearly three …

In a surprising turn of events, the native token of the decentralized ledger platform Hedera, HBAR, experienced a significant price surge of over 100% during the early hours of Tuesday. Starting from a low of $0.0875, HBAR skyrocketed to reach the $0.1821 mark by Wednesday.  The sudden surge was triggered …

Asset manager Blackrock has emerged as the frontrunner in the Bitcoin ETF race in terms of inflows with its IBIT ETF, which is increasingly attracting institutions’ attention as a key development showing its success.  Many fund managers have flocked to invest in BlackRock’s ETF, signaling a growing interest in digital …

On Wednesday, BlackRock, the world’s largest asset manager, announced the launch of its first tokenized fund on the Ethereum blockchain, marking a significant stride in bridging the gap between traditional finance and digital assets. The BlackRock USD Institutional Digital Liquidity Fund, known as BUIDL, aims to provide qualified investors with …

The speculation surrounding the approval of an Ethereum (ETH) spot ETF (exchange-traded fund) has created expectations among crypto investors. After the historic approval and launch of Bitcoin spot ETFs in the US in January, all eyes have turned to the May 23rd deadline. In the most recent development, the US …

The demand for spot Bitcoin exchange-traded funds (ETFs) has surged since their recent approval on January 10, with BlackRock’s IBIT Bitcoin ETF leading the way. This ETF has reached impressive milestones in less than two months, attracting significant investor interest and opening doors for various market participants to invest in …

BlackRock, the world’s largest asset manager, recently conducted a private event focused on Bitcoin, signaling a potentially transformative moment for cryptocurrency within traditional financial circles. The insights from this event were shared by Steven Lubka, the Managing Director and Head of Private Clients & Family Offices at Swan, through X …

In a recent interview with CNBC’s Squawk Box, JPMorgan CEO Jamie Dimon has once again expressed his skepticism towards Bitcoin, the largest cryptocurrency in the market. This new wave of criticism comes despite JPMorgan’s involvement as an authorized participant (AP) for BlackRock’s Bitcoin ETF.  JPMorgan CEO Calls Bitcoin A “Pet …

BlackRock, a global leader in investment management, has revised its proposed spot Bitcoin exchange-traded fund (ETF) to allow cash redemptions. This update could be a strategic move in gaining approval from the US Securities and Exchange Commission (SEC). The updated filing for the iShares Bitcoin Trust ETF indicates that the …

Since Monday, discussions around the mysterious BlackRock XRP ETF filing that appeared in Delaware have dominated the crypto space. The news of the filing was initially debunked by Bloomberg’s Eric Balchunas, but recent developments have raised suspicions that the filing was actually made by BlackRock. BlackRock XRP ETF Could Be …

BlackRock’s spot Bitcoin exchange-traded fund (ETF) IBTC has once again surfaced on the Depository Trust and Clearing Corporation’s (DTCC) website after an unexplained disappearance for several hours. The incident sparked widespread speculation and conversations among crypto enthusiasts and experts, leading many to question whether this was due to a technical …

Matrixport’s analysis suggests that if Tether’s (USDT) market cap increases by $24 billion, acting as a proxy for potential ETF inflows, Bitcoin’s price could rise to $42,000, representing a conservative estimate. A recent report from the crypto financial services platform Matrixport suggests that the approval of BlackRock’s Bitcoin Exchange Traded …