BlackRock’s Bitcoin exchange-traded fund (ETF) has seen its largest-ever single-day outflow as Bitcoin funds notch a fourth straight trading day of outflows now totaling over $1.5 billion. BlackRock’s iShares Bitcoin Trust ETF (IBIT) hit $188.
Bitcoin has rocketed higher this year in large part due to BlackRock, the world's largest asset manager, putting its $10 trillion weight behind
A financial analyst has warned a $4.1 trillion drop in the global money supply could be about to trigger a bitcoin price crash to
Six Bitcoin-tracking funds are set to launch in Israel next week following the recent approval from the Israel Securities Authority. According to local media reports, the funds will mirror Bitcoin’s (BTC) price movements through various indexes and strategies and will be available for purchase at banks and investment firms starting Dec.
While Bitcoin ETFs faced four consecutive days of net redemptions, Ethereum products continued to gather capital. BlackRock’s Ethereum Trust ETF added $44 million in inflows, while Ether spot ETFs recorded $53.6 million on Christmas Eve, following a $130 ...
Bitcoin is a proof-of-work (PoW) system, not a proof-of-stake (PoS) system. It doesn't matter how much bitcoin BlackRock owns; economic nodes hold the real power.
The world’s largest asset manager BlackRock released a video promoting Bitcoin. But hodlers aren’t happy about its disclaimer.
U.S. spot Bitcoin exchange-traded funds (ETFs) faced significant net outflows on Tuesday, totaling $338.4 million.
BlackRock’s iShares Bitcoin Trust ETF has been a roaring success, smashing records and now managing $53.8 billion in assets. But the world’s biggest asset manager still has a conservative view of the cryptocurrency—and recommends that investors who ...
BlackRock recommends that interested investors consider allocating as much as 2% of their portfolio to bitcoin, the world's largest cryptocurrency, the giant asset manager said in a report on Thursday.
From Texas's bold adoption plan to BlackRock's continued backing, bitcoin's solid performance and rising demand underscore its prominence in the digital asset space. Meanwhile, Riot faces pressure to pivot to AI,
That right there screams to me that Bitcoin is becoming recognized as a legit and established asset class in the eyes of the financial elite, and then eventually the mainstream.