Bitcoin ETFs recorded $853.54 million in net inflows last week, the strongest since mid-April, with BlackRock’s IBIT taking the bulk. www.coindesk.com
BlackRocks
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DeFi
US crypto ETFs are pulling Bitcoiners into TradFi: BlackRock’s Jay Jacobs
by shayaanby shayaanBlackRock’s spot Bitcoin exchange-traded fund has been a gateway for new investors to enter the wider ETF market, according to Jay Jacobs, …
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BlackRock’s Bitcoin income-focused ETF will begin trading on Nasdaq on June 16 after receiving regulatory approval from the U.S. Securities and Exchange …
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Markets
A massive $1.26 billion sale of BlackRock’s IBIT was likely a rapid exit by a large investor
by shayaanby shayaanNYDIG, meanwhile, rejected the basis-trade theory, citing the large discount and the lack of an unusual spike in corresponding CME bitcoin futures …
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Finance
Bank of America reveals $53.1M in crypto ETF holdings, led by BlackRock’s Bitcoin fund
by shayaanby shayaanBank of America (BofA) has disclosed approximately $53.1 million in crypto-related exchange-traded fund (ETF) holdings in its latest quarterly filing with the …
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Markets
BlackRock’s bitcoin ETF just hit a massive milestone that proves crypto is now a mainstream bet
by shayaanby shayaanIBIT options open interest topped Deribit on Friday, signaling rapid institutional adoption of regulated crypto derivatives in the U.S. www.coindesk.com
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Analysis
‘There’s Not Enough Stock To Buy’: BlackRock’s Rick Rieder Touts Market Technicals Amid Equity Rally
by shayaanby shayaanBlackRock’s Rick Rieder says equities are surfing off “amazing” technicals amid recent all-time highs. In a new interview with Bloomberg Television, Rieder, …
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Smart Contracts
Rep. Sheri Biggs Doubles Down on Bitcoin, Buys Up to $250K of BlackRock’s ETF
by shayaanby shayaanIn short Rep. Sheri Biggs (R-SC) announced Friday that she purchased $250,000 worth of BlackRock’s spot Bitcoin ETF (IBIT) last month. The …
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Web3
BlackRock’s Onchain Strategy: BUIDL, Bitcoin, and Tokenized Funds Explained
by shayaanby shayaanFor most of crypto’s history, tokenization has lived in an odd spot. It has been one of the sector’s most repeated promises, …
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BlackRock’s Chief Executive Larry Fink told shareholders this year that digital assets, alongside private markets, insurance, and active ETFs, could each become …