BlackRock’s IBIT spot Bitcoin exchange-traded fund (ETF) has crossed the $15 billion mark in total inflows, a new high since it began trading on January 11. However, the overall daily inflows for spot Bitcoin ETFs have been decelerating since their peak on March 12, when they were $1.05 billion. BlackRock’s IBIT Daily Inflows Surge BlackRock’s IBIT recorded its largest single daily inflow since April 5, totaling $192.1 million, pushing its total inflows to $15.1 billion,...
Read More »Crypto Inflows Slips to $646M as Bitcoin ETF Hype Takes Breather
CoinspeakerCrypto Inflows Slips to $646M as Bitcoin ETF Hype Takes Breather The dwindling interest in spot Bitcoin ETF may have been caused by a drop in BTC price from its ATH of $73,750 to $67,000. Crypto Inflows Slips to $646M as Bitcoin ETF Hype Takes Breather
Read More »BlackRock Adds Goldman Sachs, Citigroup, Others, to Spot Bitcoin ETF Authorized Participants
CoinspeakerBlackRock Adds Goldman Sachs, Citigroup, Others, to Spot Bitcoin ETF Authorized Participants BlackRock is set to pump liquidity of its IBIT ETF by adding multiple Authorized Participants, with a new total of nine. BlackRock Adds Goldman Sachs, Citigroup, Others, to Spot Bitcoin ETF Authorized Participants
Read More »$1 Billion in US Treasuries Tokenized On-Chain Post BlackRock’s BUIDL Launch
United States Treasuries worth over $1 billion have been tokenized on-chain across Ethereum, Polygon, Solana, and other blockchains. The milestone was propelled by the recent launch of the BlackRock USD Institutional Digital Liquidity Fund. US Treasurys Worth $1.08B Tokenized BlackRock’s Ethereum-based product, BUIDL, was introduced on March 20 and has surpassed a market capitalization of $244.8 million. As per data from 21Shares’ Dune Analytics dashboard, BUIDL is now behind...
Read More »Bitcoin ETFs Witness 4th Consecutive Day of Surging Inflows, Amass 500K BTC Worth $35B
CoinspeakerBitcoin ETFs Witness 4th Consecutive Day of Surging Inflows, Amass 500K BTC Worth $35B Despite the uncertainty regarding Ethereum ETFs, the overall projection for Bitcoin is favorable. Bitcoin ETFs Witness 4th Consecutive Day of Surging Inflows, Amass 500K BTC Worth $35B
Read More »Bitwise CIO Predicts Potential Trillion-Dollar Inflows into Bitcoin Spot ETFs
CoinspeakerBitwise CIO Predicts Potential Trillion-Dollar Inflows into Bitcoin Spot ETFs Hougan's bullish prediction is based on Bitcoin's impressive growth of nearly 300% over the past 15 months. Bitwise CIO Predicts Potential Trillion-Dollar Inflows into Bitcoin Spot ETFs
Read More »VeChain (VET) Joins Tokenization Scene with MaaS Launch
CoinspeakerVeChain (VET) Joins Tokenization Scene with MaaS Launch The debut of VeChain's MaaS platform has aroused debate regarding the potential influence on the price of VET, in addition to its technological improvements. VeChain (VET) Joins Tokenization Scene with MaaS Launch
Read More »Bitcoin Price Rally Past $70,000 Welcomes Record Capital Inflows Thanks to Spot BTC ETFs
CoinspeakerBitcoin Price Rally Past $70,000 Welcomes Record Capital Inflows Thanks to Spot BTC ETFs The Bitcoin market is expected to continue to grow and mature as more investors look for exposure to BTC through spot ETFs and other investment vehicles. Bitcoin Price Rally Past $70,000 Welcomes Record Capital Inflows Thanks to Spot BTC ETFs
Read More »BlackRock Clients View Bitcoin As “Overwhelming” Top Crypto Priority
Bitcoin is the number one crypto investment choice among BlackRock’s clients, who have little interest in getting access to other coins, according to Robert Mitchnick – the firm’s Head of Digital Assets. The representative’s words are sobering for the blockchain industry, much of which bore hopes of the world’s largest asset manager taking the broader crypto asset class to the traditional financial world. BlackRock’s Clients Like Bitcoin As reported by Fox Business journalist...
Read More »BlackRock Pivots to RWA, With Planned Ethereum Tokenized Asset Fund
On March 19, BlackRock revealed that it is preparing to offer a fund through a partnership with digital asset tokenization specialist Securitize. According to a filing to the US Securities and Exchange Commission, the Wall Street giant plans to launch the “BlackRock USD Institutional Digital Liquidity Fund.” However, the total size of the fund was not disclosed. It feels very good for Ethereum, commented Galaxy CEO Mike Novogratz on March 20. This feels very important for...
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