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BlackRock Bitcoin ETF sees $329 million in net inflows during market downturn
October 22, 2024IBIT leads competitors in year-to-date inflows, showcasing growing investor confidence in crypto. Key Insights: BlackRock’s iShares Bitcoin Trust (IBIT) attracted a substantial $329 million despite Bitcoin’s price decline. IBIT has…
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Could Tether potentially be more profitable than BlackRock?
September 12, 2024Tether continues to impress with its astounding quarterly profit figures, surpassing even industry giants like BlackRock. The firm’s latest reports reveal a net profit of $12.72 billion since Q4 2022,…
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BlackRock with $10 Trillion AUM Considering Launching Its Own Blockchain Technology
August 14, 2024The on-chain data platform Token Terminal has revealed that BlackRock may be considering launching its own blockchain, akin to Coinbase’s Layer-2 (L2) network, Base. This speculation stems from an analysis…
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Blackrock Clients Place Bitcoin as Top Priority as IBIT Holdings Expand to 243K BTC
March 24, 2024Blackrock’s head of digital assets recently shared insights on the strong demand for bitcoin among the asset management firm’s clients. According to Robert Mitchnick, bitcoin is the preferred cryptocurrency among…
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Manager at BlackRock Issues Statement on Bitcoin
March 22, 2024Robert Mitchnick, the Head of Digital Assets at Blackrock, a leading global asset manager, recently discussed the current landscape of Bitcoin (BTC) and cryptocurrencies. According to Mitchnick, Bitcoin remains the…
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Selling of Grayscale GBTC speeds up while Bitcoin ETF inflows continue to rise, driven by BlackRock
March 1, 2024Grayscale’s GBTC experienced significant outflows of nearly $600 million on Thursday, marking its largest single-day redemption since January 22. However, despite this sell-off, inflows into other spot bitcoin ETFs managed…
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BlackRock Accumulated 122,600 Bitcoin (BTC) in Just Six Weeks
February 23, 2024BlackRock, the world’s largest asset manager, has rapidly established itself as a major player in the crypto market by accumulating 122,600 Bitcoin (BTC) within just six weeks. This significant acquisition…
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BlackRock considers creating an Ethereum ETF following Bitcoin ETF, but faces marketing challenges
January 16, 2024Not long after the launch of BlackRock’s bitcoin exchange-traded fund (ETF), the asset manager’s CEO Larry Fink has begun the process of promoting a second ETF product with Ethereum as…
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Head of Digital Assets Research at VanEck Claims BlackRock Could Potentially Invest $2 Billion in Bitcoin ETF
January 5, 2024During a recent Spaces broadcast, VanEck Digital Assets Research Manager Matthew Sigel hinted at the possibility of BlackRock setting aside $2 billion in support of potential Bitcoin Spot ETF approval….