News with the tag "BlackRock news"

BlackRock continued its Bitcoin and Ethereum sell-off today, moving a substantial portion of its assets to crypto exchange Coinbase Prime. The panic in the cryptocurrency market has intensified, with the Crypto Fear and Greed index dropping to 10, a level last seen in 2022. Notably, the Solana meme ...

In a significant development for the Bitcoin (BTC) market, BlackRock, the world’s largest asset manager, is preparing to introduce an exchange-traded Fund (ETF) directly tied to BTC in Europe. This move follows the success of its $58 billion US ETF that tracks the market’s leading cryptocurrency, un...

The just-concluded year, 2024, set a new benchmark for the ETF industry, with Bitcoin ETFs contributing massively to a historic total net inflows of $1.14 trillion. The BlackRock Bitcoin ETF (IBIT) secured $37.25 billion in assets during its first year of trading. According to Eric Balchunas, senior...

On Wednesday, BlackRock, the world’s largest asset manager, successfully acquired municipal debt through a transaction that exclusively utilizes blockchain technology . According to a Bloomberg report, this marks the first instance of municipal bonds being purchased, settled, and held entirely on a ...

The BlackRock iShares Ethereum Trust ETF (ETHA) crosses a major milestone in its Ethereum holdings amid an impressive surge in institutional interest. 2024 has arguably been the year of institutional adoption for crypto as newly launched U.S. spot Bitcoin and Ethereum ETFs have funneled billions int...

BlackRock, the world’s largest asset manager, has officially launched options trading for its Bitcoin ETF, the iShares Bitcoin Trust (IBIT). This debut comes after the ETF received regulatory approval in January and has since attracted significant inflows. Increased Liquidity And Reduced Volatility ...

Crypto ETF issuer and asset manager BlackRock announced on Wednesday the expansion of its USD Institutional Digital Liquidity Fund (BUIDL) to include five new blockchain ecosystems: Aptos, Arbitrum, Avalanche, Optimism, and Polygon. Initially launched on the Ethereum network in March 2024, BUIDL rap...

New reports have revealed that BlackRock, the world’s largest asset manager and American multinational investment company, is now selling Bitcoin (BTC) to buy Ethereum (ETH). Many market watchers propose that this unexpected investment change could trigger a bullish rally for Ethereum, potentially c...

In less than nine months since the launch of its Bitcoin exchange-traded fund (ETF) following the approval of these investment vehicles by the US Securities and Exchange Commission (SEC), asset manager BlackRock has established itself as the world’s largest Bitcoin fund. A Tale Of Two Titans In Bitc...

As BlackRock expands its presence in the cryptocurrency space with the launch of Bitcoin and Ethereum exchange-traded funds (ETFs), the asset manager has released a comprehensive Bitcoin paper that outlines BTC’s importance and its broader impact on the financial landscape. The Case For Bitcoin Auth...