Quantitative trading firm Susquehanna International Group accumulated more than $1 billion worth of GBTC and other Bitcoin ETF shares during the first quarter of 2024. The surge in Bitcoin ETF…
Browsing: Blackrock Bitcoin ETF
BlackRock’s Bitcoin ETF, IBIT, has achieved a notable milestone positioning itself among the top 10 exchange-traded funds with the longest streaks of daily inflows. U.S.-based spot Bitcoin exchange-traded funds recorded…
BlackRock makes a move into the meme coin and NFT space, holding at least $40,000 worth of such assets in a suspected wallet linked to a new tokenization fund. Following…
This surge in Bitcoin price is due to the strong performance of Bitcoin ETFs, fueled by significant inflows exceeding $7 billion. BlackRock’s IBIT surpassed SPDR Gold Shares (GLD), the largest…
Bitcoin ETFs are reshaping the commodity ETF landscape, with BlackRock’s IBIT surpassing traditional silver trusts in total AUM. BlackRock’s iShares Bitcoin Trust (IBIT) and Fidelity Investments’ Wise Origin Bitcoin Fund…
Optimistic sentiment, institutional interest, and historical uptrends tied to Bitcoin’s halving event fuel the anticipation of surpassing its $69,000 all-time high in March. The soaring trading volumes of Bitcoin ETFs,…
Bitcoin ETF inflows have surged past $600 million, with BlackRock’s IBIT emerging as the leader in single-day inflows, attracting $493 million. Following a slight downturn prompted by higher-than-expected CPI inflation…
Bitcoin ETF funds now hold over 192,000 BTC, surpassing the holdings of MicroStrategy. BlackRock and Fidelity dominate inflows. The Bitcoin price rallied to a one-month high, propelled by steady inflows…
BlackRock’s iShares Bitcoin Trust bought 6,495 BTC from Coinbase Prime, raising its total Bitcoin holdings to $1.59 billion amid crypto market volatility. Grayscale experienced $505 million outflows but offset it…
BlackRock’s iShares Bitcoin Trust (IBIT) ETF reached $1 billion in assets in its first week, showing strong investor interest. Bitcoin’s price dropped by 11% since ETF approval, possibly due to…