The asset’s value rose, largely driven by a growing number of holders. RWA.xyz data showed that the total number of holders rose …
BlackRocks
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Finance
BlackRock’s ETHA drives a sixth straight day of ether ETF outflows as bitcoin funds add $119M
by shayaanby shayaanTrading volume rose by about $192 million from Monday’s $528.09 million. Ether funds’ combined holdings shrank by about $330 million from Monday’s …
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At the time of writing, BlackRock held about $77.1 billion in crypto assets, having gained from $47.56 billion at the start of …
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BlackRock’s tokenized U.S. Treasury fund, BUIDL, has regained the top position in the market by assets under management, surpassing Circle’s USYC product, …
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Markets
Bitcoin investors pour $853 million into spot ETFs. BlackRock’s IBIT claims the bulk
by shayaanby shayaanBitcoin 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
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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