Former BlackRock Executive is optimistic all spot Bitcoin ETF approvals will come in simultaneously. The veteran believes the SEC will try to avoid giving any one firm the First Mover…
Browsing: BlackRock
The US SEC has delayed its decision on the Bitcoin ETF application from BlackRock, Invesco, others. With looming government shutdown, timeline for the approval is now prolonged. One more time,…
SEC has acknowledged receipt of the Franklin Templeton spot Bitcoin ETF application. However, it is yet unknown when the Commission will decide on that following several delays on the already…
The third deadline for the SEC’s ruling on the Ark 21Shares Bitcoin trust application was due by November 11, thus leaving the agency with a final date of October 01,…
CEO and Chief Investment Officer of Morgan Creek Capital Management, Mark Yusko predicts that a spot Bitcoin ETF approval could drive $300 billion to the crypto market. Yusko also stated…
Market players shut down rumors claiming that BackRock might be ditching Bitcoin for XRP. On the other hand, Ripple is strengthening its position in the market by establishing a new…
Bitcoin price takes a nosedive to trade below $26k after staging a rally last week to hit $28k. The reason for the fall has been linked to the delay in…
The SEC has moved the deadlines for approving or denying Bitcoin ETF applications from major investment firms to mid-October 2023. Bitcoin’s market value experienced a 5% decline, tumbling down to…
The crypto ecosystem is still anticipating the first spot Bitcoin ETF approval from the US SEC. The timeline for this approval is pegged at about 6 months from now, a…
BlackRock is a major shareholder in Riot, Marathon, Cipher, and Hut 8, four of the five largest Bitcoin mining companies by market cap. The investment giant has steadily increased its…
CNBC’s Tom Lee predicts that Bitcoin could hit between $150k and $180k when a spot Bitcoin ETF application gets approval. According to him, another ETF denial would have a limited…
Former SEC chief John Reed Stark predicts that the current SEC may not greenlight the recent Bitcoin spot ETF applications. The SEC’s stance on crypto regulation has become increasingly influenced…
Inside contacts at BlackRock and Invesco have indicated to Galaxy Digital’s CEO Mike Novogratz that the approval of the first spot Bitcoin ETF in the US could occur within the…
BlackRock faces public scrutiny for its recent environmental record and the appointment of Saudi Aramco’s head to its board, contradicting its stance on climate-friendly policies. Despite initiatives like Net Zero…
The US House of Representatives Select Committee snubbed BlackRock for its investments in blacklisted Chinese firms. BlackRock issued a clarification that they haven’t invested outside the ambit of the US…
Fundstrat predicts a 521% surge in Bitcoin’s price to $180,000 before the April 2024 halving, attributing it to increased daily demand through a potential Bitcoin ETF launch. The firm believes…
BlackRock, the world’s largest asset manager, suggests an 84.9% optimal Bitcoin allocation, potentially driving its value to over 5x the combined worth of equities, real estate, and bonds. Despite Bitcoin’s…
Market experts collectively speak on BlackRock’s recent Bitcoin Spot ETF application; sentiments have remained mixed. While the CIO of Bitwise sees a positive outcome for Blackrock, the CEO and Co-founder…
Larry Fink, the CEO of leading Asset Management Platform BlackRock, is bullish on Bitcoin and other digital assets. Fink is certain that Bitcoin and other assets will overtake traditional fiat…
BlackRock’s official docketing of the iShares Bitcoin Trust application by the SEC represents a significant milestone in the regulatory review process. Bitwise also received recognition for its spot Bitcoin ETF…