A total of 51 firms are currently on the FCA's crypto asset register, which also includes Coinbase, Fidelity, Gemini and Kraken.
The world's biggest asset manager will be allowed to act as an arranger for iShares Digital Assets AG, who issue Exchange Traded Products.
BlackRock has secured approval from the Financial Conduct Authority (FCA) to operate as a registered crypto asset firm in the United Kingdom. The approval places BlackRock, the world’s largest asset management firm, among a growing list of regulated companies in the region, including Coinbase and Kraken. This milestone also marks a significant step in the asset manager’s continued expansion […]
The post BlackRock approved to offer crypto services in UK, expanding digital asset footprint appeared first on CryptoSlate.
In a letter to shareholders, the chairman of the world’s largest asset manager warned about the soaring U.S. debt and the possible competition that bitcoin poses to the U.S. Dollar.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
The BlackRock CEO also suggested tokenization can "revolutionize investing" — enabling every asset to benefit from blockchain technology.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
The asset manager added four new roles to its website, including a legal counsel to advise on ETF launches.
Bitcoin is on everyone’s crosshairs once more. The cryptocurrency shot up to $88,500 today, exciting traders who think the price will rise to $95,000 in the near term. But while optimism is high, so is caution. Some analysts are warning that a retreat back to $80,000 may occur before the next major rally starts. Related Reading: Shiba Inu ETF Proposal—Could This Be SHIB’s Breakout Moment? Traders Show Signs Of Greed Market intelligence platform Santiment reports that greed is building among crypto investors. References of Bitcoin reaching $100,000 or even as high as $159,000 have surged through social media platforms. While hope is generating all the excitement, Santiment reminds that such peaks in greed generally precede an imminent price adjustment. ???? As crypto has bounced nicely in the second half of March, traders have swung the pendulum back toward mild greed. After showing major fear in late February and early March following two stints of Bitcoin dipping as low as $78K, it appears that this rebound to $88.5K has… pic.twitter.com/WGvmvKSv2X — Santiment (@santimentfeed) March 25, 2025 Traders had also been holding back earlier in the year when Bitcoin fell to a low of $78,000. But that recent spike back to $88,500 does appear to have changed the general sentiment. Santiment suggests this might be an ideal time for traders to consider taking profits. Miners Hold Onto Bitcoin Reserves Bitcoin miners appear to be confident about the future. According to data from CryptoQuant, miners have not been selling much of their Bitcoin recently. In fact, miner reserves now total 1.81 million BTC, which is worth around $159 billion. Ali Martinez, a crypto analyst, confirmed in a comment on X that no significant selling activity has been recorded among miners over the past 24 hours. This behavior could be a sign that miners are expecting higher prices and prefer to hold onto their earnings for now. Institutional Interest Grows With ETF Inflows Institutional investors are also playing a big role in the market’s momentum. On March 25, Bitcoin spot ETFs in the US recorded a total daily inflow of $27 million. BlackRock, one of the largest asset management firms, led the way with $42 million in inflows that day. Whereas some other funds such as Bitwise and WisdomTree experienced $10 million and $5 million outflows respectively, the robust demand for BlackRock helped in nudging the general trend into positive direction. BlackRock’s net assets in its Bitcoin spot ETF are currently at a little over $50 billion, demonstrating that institutional investors still have a passion for Bitcoin. Related Reading: Mt. Gox Moves $1 Billion In BTC Again—Is A Market Shakeup Coming? Analysts Expect Short-Term Fall Before Rally Technical analysis is indicating Bitcoin might experience a temporary decline before the next peak. On its 4-hour chart, Bitcoin is having a difficult time surpassing a trendline of resistance, creating what experts refer to as a “double top” formation. The pattern suggests the potential for a price drop towards $85,000. Meanwhile, the most important support level is at $86,146, according to the 61.80% Fibonacci retracement level. If Bitcoin manages to stay above this level, analysts indicate that the price may rebound and move towards $95,000. Featured image from Gemini Imagen, chart from TradingView
BlackRock, the largest investment firm in the world with over $11 trillion in assets under management, made two significant moves on March 25 to increase its presence in the crypto industry. The firm has extended its tokenized money market fund to the Solana blockchain and introduced its first Bitcoin exchange-traded product (ETP) in the European […]
The post BlackRock taps Solana for BUIDL tokenized fund as Bitcoin ETP debuts in Europe appeared first on CryptoSlate.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
BlackRock's IBIT is by far the largest of the 12 spot bitcoin ETFs listed in the U.S., with net assets of over $50 billion.
BlackRock's iShares Bitcoin ETP will be listed on Euronext Paris, Xetra and Euronext Amsterdam on Tuesday.
Growth comes from increases in TVL on Ethena USDtb and BlackRock's BUIDL.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
BUIDL is a key building block for multiple yield-generating offerings as a reserve asset, and it's increasingly used as collateral on trading platforms.
BlackRock's first tokenized fund surpassed Franklin Templeton's BENJI last April and has since overtaken Hashnote's USYC as the largest onchain fund.
Integrating an oracle would make it easier to bridge Apollo, BlackRock, Hamilton Lane and KKR's onchain funds into DeFi.
U.S. investors were the most bearish last week, pulling out $922 million from crypto funds, despite President Trump's executive order.
The ETF saw over $1 billion in outflows last week alongside a surge in trading volumes.
The world’s biggest asset manager added a 1% to 2% allocation to its target allocation portfolios.
Many people wonder about the length of Bitcoin’s rollercoaster journey that its price increase has been on. The bull run may persist until at least April 2025, argues CryptoQuant CEO, Ki Young Ju. Should this be the case, it could signal the longest ever Bitcoin bull cycle. Related Reading: Dogecoin Sees 95% Drop In Network Activity—Trouble Ahead? Variations In Bitcoin’s Growing Rate Ju created a Bitcoin growth rate difference statistic for May 2024 that formed the foundation for his projection. Monitoring the long-term market movements of the crypto helps one to ascertain whether the asset is still in a growth phase or overheated. Right now, Bitcoin is in what he refers to as a “critical zone,” in which market signals combine bullish and bearish patterns. Whether Bitcoin keeps on its ascent or begins to lose vigor will depend mostly on the next few weeks, or months. #Bitcoin on-chain indicators are at the bull-bear boundary. I expect this to be the longest bull run in history, but I could be wrong. We need at least another month of data to confirm whether we’re entering a bear market. If demand doesn’t recover, indicators may fully signal a… https://t.co/QkaZx7wmAt pic.twitter.com/4iHbuitW4o — Ki Young Ju (@ki_young_ju) February 27, 2025 Market Fluctuations And Past Corrections Investors are beginning to have jitters about Bitcoin’s price as it has lost 30% of its value in the last few days. But Ju is not bothered. According to him, severe pullbacks like these are not uncommon during a bull cycle phase. Historical records support his assertion; earlier bull runs show price losses of up to 52% before recovery. Should history be the barometer, Bitcoin might still have some surprises in its sleeves and carry out strong upward moves in the face of a volatile market. The BlackRock Bitcoin Selloff Movement in Bitcoin price is much influenced by institutional investors. BlackRock lately sold roughly $70 million in ether and $440 million in bitcoin. These big sell-offs could cause temporary devaluations and change investor mood. These events could change the price direction of Bitcoin in the next months even if Ju is optimistic. What’s Next For The Alpha Coin? Meanwhile, Bitcoin is not in good form as we speak: it is languishing in the $79,900 level, to the delight of those who’ve been waiting to buy the dip. Bitcoin is trading 7% below its most recent closing. It peaked at $86,990 then fell to a low of $79,490. The bulls can only wish it was the other way around. Related Reading: Avalanche (AVAX) Overextended—Is A Market Shakeup Imminent? Ju’s research shows that although some investors worry about possible future dips, the bull run is far from over. Since April 2025 is just a month away, traders and experts are still captivated by Bitcoin’s long-term trend and what the coming days will bring on the table. Ju’s observations offer a data-driven viewpoint even if nobody can exactly predict the market. Whether Bitcoin follows past patterns or creates new ground, investors will be closely observing it. Anything can happen in the crypto space. Featured image from Gemini Imagen, chart from TradingView
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
BlackRock's IBIT saw a record $418.1 million worth of net outflows on Wednesday amid the ongoing crypto market correction.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
Despite leading the Bitcoin and Ethereum ETF markets, BlackRock has yet to file for a spot Solana exchange-traded fund.
Investors are cautious amid uncertainty around trade tariffs, inflation and monetary policy, Head of Research James Butterfill said.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.