The CEO of the largest asset manager in the world says that Bitcoin (BTC) could see drastically higher prices if sovereign wealth funds begin accumulating. Speaking with Bloomberg at the World Economic Forum (WEF) event in Davos, Switzerland, BlackRock CEO Larry Fink says that sovereign wealth funds may drive the price of Bitcoin higher as […]
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Ishares, a subsidiary of Blackrock Asset Management Canada Limited, has unveiled the Ishares Bitcoin ETF on Cboe Canada, presenting Canadian investors with a bitcoin gateway, the leading cryptocurrency by market capitalization. Ishares Bitcoin ETF Debuts on Cboe Canada Trading for the Ishares Bitcoin ETF (IBIT) commenced on Jan. 13, 2025, on Cboe Canada, with listings […]
New data from market intelligence firm Arkham reveals that asset management titan BlackRock has built a $50 billion stash of Bitcoin (BTC) in 2024. The data also finds that software firm MicroStrategy, founded by BTC maxi Michael Saylor, bought $24 billion worth of the crypto king last year while financial services giant Fidelity accumulated $20 […]
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Robert Kiyosaki says a historic crash is here, XRP short sellers capitalize on bearish trends, Ripple execs meet Trump, and more in this Week in Review. Week in Review Robert Kiyosaki, author of Rich Dad Poor Dad, predicts an imminent economic collapse and urges investors to secure assets like bitcoin. XRP has faced bearish trends, […]
Spot Bitcoin ETFs in the United States hoovered up a whopping 51,500 BTC in December while only a fraction of that was produced.
Spot Bitcoin exchange-traded funds in the United States alone scooped up almost three times the nearly 14,000 coins produced by miners during the month.
December 2024 was a huge month for spot Bitcoin ETFs in the US, which accumulated a total of around 51,500 BTC, according to data averaged from Apollo and BiTBO.
Momentum was driven by spot markets, with the asset reaching an all-time high of $108,135 on Dec. 17, according to CoinGecko.
New data reveals that asset management titan BlackRock’s spot Bitcoin (BTC) exchange-traded fund (ETF) saw a record number of outflows earlier this week. According to data from blockchain tracker SoSoValue, BlackRock’s iShares Bitcoin Trust ETF (IBIT) saw a staggering $332.6 million worth of outflows on January 2nd, its largest day of outflows on record. The […]
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Asset management titan BlackRock’s Bitcoin (BTC) exchange-traded fund (ETF) is now reportedly managing over $50 billion in assets just 11 months after its launch. According to Bloomberg, no other ETF had a better debut than BlackRock’s iShares Bitcoin Trust (IBIT). Citing Todd Sohn, managing director of ETF and technical strategy at institutional brokerage firm Strategas […]
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A closely followed crypto analyst is lining up six key events that could trigger the next big move up for altcoins. In a new YouTube update, the host of InvestAnswers lays out six potential catalysts that could cause altcoins to explode in 2025. “These are the top six items that I see as being critical […]
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The iShares Bitcoin Trust brought in more than $37 billion in net inflows since launching in January, according to Farside Investors.
BlackRock’s spot Bitcoin (BTC) exchange-traded fund (ETF) clocked more than $37 billion in net inflows during 2024, outpacing its competitors, according to data from Farside Investors.
BlackRock’s iShares Bitcoin Trust (IBIT) netted more than three times the inflows of runner-up Fidelity Wise Origin Bitcoin Fund (FBTC), which attracted nearly $12 billion in net inflows this year, Farside said in a Dec. 31 post on the X platform.
As the world’s largest asset manager, BlackRock also led the pack among Ether (ETH) ETFs. The iShares Ethereum Trust (ETHA) pulled $3.5 billion in net inflows during 2024, according to Farside.
On Monday, Bloomberg spotlighted Blackrock’s Ishares Bitcoin Trust, or IBIT, as the “greatest launch” in exchange-traded fund (ETF) history. Bitcoin Takes Center Stage as Blackrock’s IBIT Breaks Records Blackrock, the world’s largest asset manager, reached an all-time peak of $11.5 trillion in assets under management by the end of Q3 2024, thanks to significant net […]