BlackRock’s Global Allocation Fund increased its exposure to Bitcoin (BTC) through its spot exchange-traded fund, iShares Bitcoin Trust (IBIT), by roughly 1,810% since …
BlackRocks
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Finance
Fidelity Joins the Tokenized US Treasury Bills Race, Taking on BlackRock’s BUIDL Fund
by shayaanby shayaanFidelity is launching a new tokenized fund focused on U.S. Treasury bills, setting itself up as a direct competitor to BlackRock’s BUIDL …
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Regulation
Abu Dhabi Sovereign Wealth Fund Reports Owning $455,672,040 Worth of BlackRock’s Bitcoin ETF in New SEC Filing
by shayaanby shayaanNew filings show that the Abu Dhabi Sovereign Wealth Fund has accumulated hundreds of millions of dollars worth of BlackRock’s Bitcoin (BTC) …
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Due to recent investments, BlackRock, the world’s largest asset manager, is attracting significant attention from crypto enthusiasts amid ongoing market uncertainty. Today, …
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Smart Contracts
BlackRock’s Bitcoin ETF Lands on Canadian Markets With Dual-Currency Trading
by shayaanby shayaanBlackRock Asset Management launched its first Canadian Bitcoin ETF on Cboe Canada, supporting the asset management firm’s push to simplify cryptocurrency exposure …
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Bitcoin continues its downward trend, trading near $96,259 after a sharp 5% drop. The flagship cryptocurrency has faced increasing pressure from strong …
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The largest public fund tracking bitcoin (BTC) recorded its highest outflows on Thursday, nearly one year after going live. BlackRock’s Nasdaq-listed IBIT, …
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Analysis
BlackRock’s Bitcoin ETF Sees ‘Unprecedented Growth’ in 2024, Setting New $50,000,000,000 Record: Report
by shayaanby shayaanAsset management titan BlackRock’s Bitcoin (BTC) exchange-traded fund (ETF) is now reportedly managing over $50 billion in assets just 11 months after …
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Finance
BlackRock’s crypto fund BUIDL has paid over $17 million in dividends since launch
by shayaanby shayaanThe BlackRock USD Institutional Digital Liquidity Fund (BUIDL) has distributed $17.2 million in dividends since launch in March 2024. This marks a …
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Scams
Grayscale to Launch Bitcoin ETF Options Following BlackRock’s Record Debut
by shayaanby shayaanCrypto asset manager Grayscale Investments plans to roll out options trading on its spot Bitcoin ETFs on Wednesday amid the first glimpses …