Bitcoin Whales Returning to Traditional Finance Through ETFs, Reports BlackRock
BlackRock reports that significant holders of Bitcoin are converting their assets into shares of exchange-traded funds (ETFs).
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BlackRock reports that significant holders of Bitcoin are converting their assets into shares of exchange-traded funds (ETFs).
Major Bitcoin holders are shifting billions into exchange-traded funds like BlackRock's IBIT, marking a new stage of institutional adoption.
Despite a significant outflow from Bitcoin ETFs this week, Schwaub sees rising interest in the crypto market.
This week, Bitcoin ETFs faced a $1.2 billion outflow, but Charles Schwab noted increasing interest among its clients.
BlackRock is entering the stablecoin market through a newly redesigned money market fund, aligning with the GENIUS Act to offer a secure mechanism for stablecoin issuers.
BlackRock's CEO Larry Fink emphasizes the emergence of asset tokenization away from traditional investment structures during a CNBC interview.
BlackRock leads in Bitcoin ETF investments by purchasing more while others sell, with a major focus on inflows.
BlackRock’s Bitcoin ETF experienced significant inflows, signaling a resurgence in Bitcoin demand over Ethereum.
BlackRock is exploring the possibility of creating exchange-traded funds tied to stocks on public blockchains, potentially revolutionizing trading and settlement processes.
Ethena has put forth a proposal to develop a new stablecoin for Hyperliquid, promising significant revenue returns to its ecosystem.
The expense for safeguarding against price declines in BlackRock's bitcoin ETF increases to its peak since April.
Bullish plans to offer 30 million shares priced between $32 and $33 each, increasing its IPO target from $629 million to $990 million.
BlackRock's choice to abstain from launching a spot XRP ETF reflects various market conditions and regulatory concerns.
Harvard's endowment marks one of the largest known investments in bitcoin by a U.S. university.
The cryptocurrency market experienced a significant boost in July, driven by record inflows into exchange-traded funds (ETFs).
BlackRock's Bitcoin and Ethereum ETFs reached $14.1 billion in inflows this quarter, boosting their assets under management to $79.6 billion as cryptocurrency adoption grows.
Investor interest in U.S.-listed ether ETFs surges, driving the asset price to $3,000.
The exchange-traded fund has attracted considerable investor interest, gathering over $1 billion since June, reflecting a positive outlook for ether in the market.
BlackRock's IBIT climbs to become the third-largest revenue engine among nearly 1,200 funds as the landscape for spot bitcoin ETFs evolves.
Ethereum ETFs have garnered significant investment as BlackRock and Fidelity dominate the inflow of funds.

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