The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
JPMorgan analysts say spot Solana ETFs are likely to get approved soon but will see limited inflows compared to Bitcoin or Ethereum ETFs.
Institutional access, a surging debasement trade, and bitcoin’s rally above $125,000 are setting the stage for the strongest quarter ever for ETF flows.
The Luxembourg sovereign wealth fund has made a historic move into the crypto sector by allocating 1% of its $900 million portfolio, around $9 million, into Bitcoin exchange-traded funds (ETFs). This marks one of the first instances of a European state-backed investment fund embracing Bitcoin through a regulated investment vehicle. The announcement was made by …
BlackRock's IBIT spot bitcoin ETF has exceeded 800,000 BTC in assets under management less than two years after trading began.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
The spot bitcoin funds drew in nearly $900 million, while the ether ETFs pulled more than $400 million.
The UK's financial regulator officially lifted its ban on crypto ETNs on Wednesday, opening up access to retail investors for the first time.
K33 argues that institutional adoption and policy shifts have ended bitcoin's four-year halving cycle, meaning this time is indeed different.
CIO Matt Hougan cited recent wealth manager approvals, bitcoin's price surge, and the "debasement trade" narrative as key catalysts.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
U.S. spot bitcoin ETFs attracted their second-largest ever daily inflows of $1.19 billion on Monday as BTC made fresh all-time highs.
BlackRock’s iShares Bitcoin Trust (IBIT) is now its most profitable ETF for BlackRock, generating an estimated $244.5 million in annual revenue with nearly $100 billion in assets.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
Schwab and Vanguard are also starting to change their tune, signaling a gradual softening of resistance to digital assets.
The flows were driven by a delayed response to the U.S. interest rate cut, CoinShares Head of Research James Butterfill said.
Ethereum ETFs also had a strong week, as the U.S. partial government shutdown adds fuel to the prices of the world's largest cryptocurrencies.
ETF investors shifting from gold to bitcoin could accelerate the rally into year-end, with BTC potentially hitting $200,000, lead analyst Geoff Kendrick said.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
The daily inflow streak for BlackRock's IBIT surpassed $1 billion on Thursday, contributing to a $2.25 billion run across all Bitcoin ETFs.
BlackRock’s iShares Bitcoin Trust leads $675.8M inflow as bitcoin tops $119,000.
The country's SEC will allow local mutual funds and institutions to issue such funds under rules, SEC secretary-general Pornanong Budsaratragoon said.
The Asian holiday season and U.S. government shutdown may sap liquidity and delay key economic data in early October, according to K33.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
Open interest in IBIT contracts hit nearly $38 billion after Friday’s expiry, versus $32 billion on Deribit, which had dominated the market since 2016.
U.S.-listed Bitcoin and Ethereum spot exchange-traded funds collectively attracted more than $1 billion in net inflows on Monday.
Recently, an expert outlined an interesting yet possible BTC price theory that’s attracting attention. This theory is increasingly being influenced by a hidden yet powerful signal thats observed from transaction counts crossing the 600K threshold. On-chain data highlights a direct correlation between Bitcoin’s activity level and potential price surges, while institutional accumulation continues to strengthen …
Stronger than anticipated macro data hit sentiment in the U.S., CoinShares Head of Research James Butterfill noted.
Unchained and analyst Checkmate highlight how iShares Bitcoin Trust leveraged ETF options have reshaped flows and bitcoin’s volatility profile.
BlackRock's industry-leading Bitcoin and Ethereum funds held up slightly better than those of Fidelity, its chief rival in the space.