In a significant development, Blackrock, the world’s largest asset manager, has amended its prospectus for the Blackrock Global Allocation Fund to potentially include investments in bitcoin exchange-traded products (ETPs). This move, filed with the U.S. Securities and Exchange Commission (SEC), signals a new avenue for traditional investors to gain exposure to the digital asset market. […]
Blackrock Launching Brazil’s First Bitcoin ETF
Blackrock is launching Brazil’s first spot bitcoin ETF, the Ishares Bitcoin Trust BDR (IBIT39), on Mar. 1, initially available to qualified investors with plans to eventually open it to retail investors. The ETF aims to provide investors with regulated access to bitcoin and is part of Blackrock Brazil’s strategy to expand into the digital asset […]
Blackrock Bitcoin ETF Shatters Inflow and Volume Records — Holdings Exceed 141K BTC
Blackrock’s spot bitcoin exchange-traded fund (ETF) has had a second consecutive record-breaking day with over $ 1.3 billion in trading volume. The world’s largest asset manager’s Ishares Bitcoin Trust (IBIT) also saw a record net inflow on Tuesday. The fund’s total bitcoin holdings have now surpassed 141K bitcoins. Another Record Day for Blackrock’s Bitcoin …
Blackrock Holds 110K BTC, Kiyosaki Expects $100K BTC Soon, AI Crypto Assets Skyrocket, and More — Week in Review
Blackrock has significantly expanded its presence in the digital currency space, accumulating nearly 110,000 bitcoins for its Ishares Bitcoin Trust (IBIT) ETF. Robert Kiyosaki predicts bitcoin will reach $ 100,000 by June this year. The AI cryptocurrency sector has seen a remarkable surge, with over $ 10 billion added to its market value …
9 Newly Launched Bitcoin ETFs Amass 132,170 BTC With Blackrock and Fidelity Commanding 70% of Total Holdings
At 10:30 a.m. Eastern Time (ET) on Friday, Grayscale’s GBTC reported a decrease of 10,871.56 bitcoin from its holdings compared to Thursday. In contrast, since its inception on Jan. 11, 2024, Blackrock’s IBIT has accumulated a total of 49,952.32 bitcoin worth $ 1.98 billion. Grayscale’s GBTC Sees Significant Bitcoin Outflow as Blackrock’s IBIT …