BlackRock’s

Institutional interest in Bitcoin is evolving rapidly, with one issuer now emerging as the dominant player in the ETF space. And that’s BlackRock’s IBIT. As one fund pulls ahead of all others, questions emerge about whether institutional demand is being funneled into a monopoly. Bitcoin ETF Monopoly in the Making? Currently, BlackRock’s spot Bitcoin ETF […]

BlackRock’s spot Bitcoin ETF, iShares Bitcoin Trust (IBIT), experienced a massive net inflow of $393.40 million on October 16th. According to data from SoSoValue, this figure represents the largest influx since July 22, when IBIT saw $526.7 million in new investments. Spot Bitcoin ETF Market Gains Momentum The spot Bitcoin ETFs recorded a total net

Last updated: April 16, 2024 02:12 EDT | 2 min read BlackRock’s Bitcoin ETF stands out as the sole spot Bitcoin fund in the United States to experience inflows on Monday, while other ETFs reported either zero inflows or even outflows.  According to data from Farside Investors, the iShares Bitcoin Trust (IBIT) recorded net inflows of

BlackRock’s IBIT spot Bitcoin exchange-traded fund (ETF) has crossed the $15 billion mark in total inflows, a new high since it began trading on January 11. However, the overall daily inflows for spot Bitcoin ETFs have been decelerating since their peak on March 12, when they were $1.05 billion. BlackRock’s IBIT Daily Inflows Surge BlackRock’s

Last updated: March 7, 2024 00:12 EST | 2 min read Source: Midjourney BlackRock iShares Bitcoin ETF trading under the ticker symbol “IBIT” has seen a record daily inflow of $788 million on Tuesday, as the crypto trading frenzy shows little signs of slowing down. On Tuesday, Bitcoin reached a new all-time high of $69,000

Source: Pixabay / tombark The long-awaited approval for a spot Bitcoin exchange-traded fund (ETF) may finally come this Wednesday. BlackRock, the world’s largest asset manager and one of the contenders seeking to launch a spot bitcoin ETF, is reportedly expecting its application to be approved, according to a report from Fox Business. BlackRock is among several firms