On-chain activity within Ethereum layer-2 protocols and ETH derivatives data suggests that the altcoin will hold the $3,200 level.
On Wednesday, BlackRock, the world’s largest asset manager, announced the launch of its first tokenized fund on the Ethereum blockchain, marking a significant stride in bridging the gap between traditional finance and digital assets. The BlackRock USD Institutional Digital Liquidity Fund, known as BUIDL, aims to provide qualified investors with US dollar yields through blockchain […]
Asset management firm BlackRock selected Coinbase as the key infrastructure provider for its tokenized investment fund, BlackRock USD Institutional Digital Liquidity Fund (BUIDL). According to BlackRock: “BUIDL seeks to offer a stable value of $1 per token and pays daily accrued dividends directly to investors’ wallets as new tokens each month. The Fund invests 100% […]
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The transfers ranged from Bitcoin-based Ordinals Pepe (PEPE) coin to a CryptoDickbutts S3 NFT.
"This is the latest progression of our digital assets strategy," said Robert Mitchnick, BlackRock’s Head of Digital Assets.
The ETF’s record outflow day came as Bitcoin hit a U.S. trading day low of nearly $62,000 as it continues to slide after hitting a high last week.
The SEC wants to know if the applications for ETFs that hold Ethereum's ether (ETH) are supported by the same arguments that led to the approval of spot bitcoin ETFs.
U.S.-listed spot bitcoin ETFs had their busiest day ever on Tuesday as bitcoin's run for all-time high price turned into a bloodbath, the price tumbling more than 10% after hitting a record above $69,000.
Kole Lee, the leader of Stanford’s Blockchain Club pitched the student-run fund to invest in BlackRock's spot Bitcoin ETF as early as February.
U.S. spot bitcoin {{BTC}} exchange-traded funds (ETF) experienced another massive trading session Wednesday with BlackRock's bitcoin ETF (IBIT) breaking its volume record for the third consecutive day.
BlackRock's ETF also notched a new record $1.3 billion in daily volume in what an analyst described as “another intense volume day” for the funds.
BlackRock’s IBIT made up more than 50% of the daily trading volume and even smashed its own daily record by more than 30%.
Some Bitcoin ETF issuers will pull their funds as the tussle for market share and low fees heats up, while investors reap the rewards in the meantime, say analysts.
GBTC is expected to lose further funds to newly created ETFs unless there is a meaningful cut to its fees, the report said.
BlackRock’s IBIT fund is leading the spot Bitcoin ETF pack as February 7 sees billion dollars in trading volume.
The spot Bitcoin ETF issuer said it will still use Coinbase’s custodian services as part of a move to diversify custodians.
Skybridge Capital founder and managing partner Anthony Scaramucci sees bitcoin {{BTC}} soaring to at least $170,000 after the halving in April, when the number of new bitcoin entering circulation shrinks again.
Bitcoin launches into FOMC week with promising ETF flows and BTC price action sustaining weekend upside.
Analysts from JPMorgan believe the majority of “profit taking” from Grayscale’s Bitcoin Trust is now likely over, while U.S. Bitcoin funds have just recorded their biggest day of net outflows.
The group of recently launched spot bitcoin exchange-traded funds (ETFs) are seeing combined negative flows for the first time since they opened for trade on Jan. 11 as money moving into funds like BlackRock's IBIT and Fidelity's FBTC has failed to keep pace with the exits from Grayscale’s GBTC.
ETF analysts expect spot Ether ETF applications to be “sporadically” delayed until May, when the first of many final decision deadlines are due.
It took the SEC more than ten years to approve a spot Bitcoin ETF, while XRP ETFs would face even more hurdles than Bitcoin did, analysts tell Cointelegraph.
BlackRock’s ETF sucked up the most Bitcoin compared to other funds, while Grayscale’s fund continued to see outflows on trading day five.
Larry Fink has been talking up a spot ether ETF, but index provider CF Benchmarks sees a conundrum when it comes to selling that product.
While other spot Bitcoin ETF issuers use pop-culture references and flashy imagery, BlackRock has seemingly taken a more “adult” approach.
The fund saw about $400 million of inflows within 30 minutes of its trading debut, CF Benchmarks said.
Spot bitcoin ETFs are launching in the U.S. on Thursday. Here's what the issuers and exchanges behind these products have to say.
Bloomberg’s ETF specialists remain convinced that the SEC will approve all spot BTC ETFs, so why are BTC derivatives losing their appeal?
BlackRock said its fee will start at 0.20%, rising to 0.30%.
The proposed ETFs would “magnify the performance” of a reference spot Bitcoin ETF — which is yet to receive a decision from the SEC.