Tag Archives: blackrock

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...

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...

CoinspeakerGrayscale Announces Plan to Drop Fee on Its GBTC Bitcoin ETF amid Massive Outflows Grayscale's Sonnenshein justified high fees due to GBTC's liquidity and track record. He explained that other ETFs may offer lower fees because they lack a proven track record, and issuers are enticing investors with fee incentives. Grayscale Announces Plan to Drop Fee on Its GBTC Bitcoin ETF amid Massive Outflows

CoinspeakerBlackrock’s IBIT Reached Daily Inflow Peak of Nearly $1B before Bitcoin Price Retraced Below $67K BlackRock’s iShares Bitcoin Trust (IBIT) set a new record in daily traded shares of about 100 million on Thursday and a record daily inflow of $849M on Tuesday. Blackrock’s IBIT Reached Daily Inflow Peak of Nearly $1B before Bitcoin Price Retraced Below $67K

Just one day after the spot Bitcoin ETFs achieved a notable milestone with a net inflow of $1.05 billion, BlackRock’s IBIT saw inflows exceeding the total outflows of Grayscale’s GBTC for the first time. According to data compiled by SoSo Value, as of March 13th, IBIT’s cumulative inflow amounted to $12.03 billion, whereas GBTC’s cumulative outflows stood at $11.4 billion. BlackRock’s IBIT Inflows Trump GBTC Outflows BlackRock’s spot Bitcoin ETF – iShares Bitcoin Trust (IBIT)...

CoinspeakerBlackRock’s Spot BTC ETF Continues Breaking Records, Now Holds Over 200,000 Bitcoins As the second largest Bitcoin ETF, BlackRock’s IBIT closes the gap on Grayscale’s GBTC. BlackRock’s Spot BTC ETF Continues Breaking Records, Now Holds Over 200,000 Bitcoins

CoinspeakerGrayscale Seeks to Stem GBTC Outflows through New Mini Trust with Lower Fees Although Grayscale has not revealed the specific details of the fee structure for the new fund, analysts expect it to be significantly lower than GBTC's current fee. Grayscale Seeks to Stem GBTC Outflows through New Mini Trust with Lower Fees

CoinspeakerAnthony Pompliano: Bitcoin Price Close to Historical Breakout to $138,000 Soon Pompliano noted that Bitcoin price has doubled immediately after breaking the prior all-time high in the past bull cycles. Anthony Pompliano: Bitcoin Price Close to Historical Breakout to $138,000 Soon

CoinspeakerBlackRock Pursues SEC’s Nod to Add Bitcoin ETFs to Its Global Allocation Fund BlackRock's existing spot BTC ETF stands out as the top-performing option in the market, contributing to the surge in demand for Bitcoin ETFs. BlackRock Pursues SEC’s Nod to Add Bitcoin ETFs to Its Global Allocation Fund

The United States Securities and Exchange Commission (SEC) has once more postponed its decision to approve or deny the applications for spot Ethereum exchange-traded funds (ETFs) submitted by BlackRock and Fidelity. The latest delay comes weeks after the agency greenlighted several Bitcoin ETFs that have since gained massive traction. SEC Delays Decision on Ethereum ETFs On March 4, the SEC declared it would postpone the decision for BlackRock’s iShares Ethereum Trust and...