CoinspeakerFidelity’s Bitcoin ETF Achieves Record $405 Million Inflow The influx of investments into Bitcoin ETFs, culminating in a total of $563 million on March 4, signifies a robust institutional endorsement of cryptocurrency. Fidelity’s Bitcoin ETF Achieves Record $405 Million Inflow
Read More »Entering Top 150 ETFs: BlackRock’s IBIT Bitcoin Fund Surpasses $10 Billion in AUM
BlackRock’s IBIT spot Bitcoin exchange-traded fund (ETF) has reached $10 billion in assets under management (AUM) within seven weeks of its launch on January 11. The fund now holds over 162,000 Bitcoin, making it one of the few ETFs to surpass the $10 billion mark. Spot Bitcoin ETF Performance Nate Geraci, president of the ETF store, provided context for IBIT’s achievement, highlighting that only a fraction of ETFs globally have surpassed the $10 billion AUM mark, with the...
Read More »Blackrock’s IBIT among Top 3 US ETFs by Flows, Hit $10B in AUM
CoinspeakerBlackrock’s IBIT among Top 3 US ETFs by Flows, Hit $10B in AUM IBIT saw over $500M in inflows between February 27 and 29. Blackrock’s IBIT among Top 3 US ETFs by Flows, Hit $10B in AUM
Read More »BlackRock Bitcoin ETF Smashes Daily Inflow Record, Ranks 2nd In United States
BlackRock’s Bitcoin (BTC) ETF has cracked a new daily inflow record, helping push Bitcoin’s above $60,000 for the first time since November 2021. The iShares Bitcoin Trust (IBIT) absorbed another $520 million on Tuesday, bringing the fund’s total flows since launch above $6.5 billion. Furthermore, thanks to Bitcoin’s rising price during that period, the value of the firm’s Bitcoin stash has appreciated to over $8 billion. BlackRock Breaking Record By comparison, Fidelity’s...
Read More »BlackRock’s Latest Investor-Friendly Spot BTC ETF Ad Presents Bitcoin as ‘Progress’
CoinspeakerBlackRock’s Latest Investor-Friendly Spot BTC ETF Ad Presents Bitcoin as ‘Progress’ Marketing for Bitcoin ETFs has taken some interesting turns since Bitwise released the first ad in mid-December 2023, close to a month before spot Bitcoin ETFs were approved. BlackRock’s Latest Investor-Friendly Spot BTC ETF Ad Presents Bitcoin as ‘Progress’
Read More »Ethereum Retests $2,800 on ETH Spot ETF Approval Expectations
CoinspeakerEthereum Retests $2,800 on ETH Spot ETF Approval Expectations The anticipation of a potential Ethereum ETF approval in the US has been a major catalyst behind the recent bullish sentiment surrounding ETH. Ethereum Retests $2,800 on ETH Spot ETF Approval Expectations
Read More »Bitcoin Traders Anticipate Bullish Price Jump to $64,000 as BTC Spot ETFs Continue to Accumulate Heavy Inflows
CoinspeakerBitcoin Traders Anticipate Bullish Price Jump to $64,000 as BTC Spot ETFs Continue to Accumulate Heavy Inflows Bitcoin is now poised to scale its all-time high as traders are bullish, and anticipate a price jump following the performance of spot ETFs. Bitcoin Traders Anticipate Bullish Price Jump to $64,000 as BTC Spot ETFs Continue to Accumulate Heavy Inflows
Read More »Spot Bitcoin ETF Attracts $403M in Net Inflows on February 8
CoinspeakerSpot Bitcoin ETF Attracts $403M in Net Inflows on February 8 The surge in net inflows into Bitcoin ETFs reflects a growing acceptance and integration of Bitcoin into mainstream investment portfolios. Spot Bitcoin ETF Attracts $403M in Net Inflows on February 8
Read More »Ethereum Developers Choose March 13 for Mainnet Deployment of Dencun Upgrade
CoinspeakerEthereum Developers Choose March 13 for Mainnet Deployment of Dencun Upgrade On March 13, at slot 8626176, the Ethereum network hard fork for Dencun will take place on the mainnet, after successful testnet launches. Ethereum Developers Choose March 13 for Mainnet Deployment of Dencun Upgrade
Read More »BlackRock CIO Hints at Boosted Bitcoin Allocation in Portfolios
CoinspeakerBlackRock CIO Hints at Boosted Bitcoin Allocation in Portfolios Rieder remains optimistic about Bitcoin's potential, citing the increasing acceptance of the cryptocurrency as an asset class. BlackRock CIO Hints at Boosted Bitcoin Allocation in Portfolios
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