Crypto products record 10th consecutive week of inflows at $3.2B

December 16, 2024 Coin Telegraph

Crypto products record 10th consecutive week of inflows at .2B

bitcoin etf

Crypto ETPs have recorded $20.3 billion of inflows during the past 10 weeks, accounting for 45% of all inflows in 2024.

Cryptocurrency investors have not halted their purchasing spree as Bitcoin set new highs and crypto investment products hit their 10th consecutive week of inflows.

Digital asset investment products saw another $3.2 billion of inflows in the trading week of Dec. 9–13, crypto investment firm CoinShares reported in its latest weekly flows report on Monday, Dec. 16.

This follows a record $3.85 billion in weekly inflows during the previous period, bringing total inflows for 2024 to $44.5 billion.

BRICS Discusses Alternative Payment Platforms to Bypass Western Financial Systems

Trump may use Bitcoin as US reserve asset on ‘day one’ — How high will BTC price go?

December 15, 2024 Coin Telegraph

Bitcoin price prediction 2025

Trump's potential executive order making Bitcoin a US reserve asset may drive a $20 billion BTC purchase in 2025.

Donald Trump will likely issue an executive order on his first day in office to designate Bitcoin (BTC) as a United States reserve asset, according to Jack Mallers, CEO and founder of Strike.

In a podcast interview with YouTuber Tim Pool, Mallers explained that the president-elect could rely on provisions within a so-called "Dollar Stabilization Act," which grants him considerable authority to protect the US dollar.

“There’s potential to use a day-one executive order to purchase Bitcoin,” Mallers stated, adding:

BRICS Discusses Alternative Payment Platforms to Bypass Western Financial Systems

Demand for Bitcoin and Ethereum ETFs Seeing Just Tip of the Iceberg, Says BlackRock Executive: Report

December 15, 2024 The Daily Hodl

Bitcoin

Asset management titan BlackRock’s head of exchange-traded funds (ETFs) reportedly says that demand for Bitcoin (BTC) and Ethereum (ETH) ETFs is only just beginning to scratch the surface. According to senior Bloomberg ETF analyst Eric Balchunas, BlackRock executive Jay Jacobs says the asset management titan is now focusing on its BTC and ETH ETFs due […]

The post Demand for Bitcoin and Ethereum ETFs Seeing Just Tip of the Iceberg, Says BlackRock Executive: Report appeared first on The Daily Hodl.

BRICS Discusses Alternative Payment Platforms to Bypass Western Financial Systems

Blackrock Compares Bitcoin to ‘Magnificent 7’ Stocks: The Next Big Allocation Play

December 13, 2024 Bitcoin.com

Bitcoin

Blackrock has emphasized bitcoin’s growing portfolio significance, recommending a measured allocation strategy akin to mega-cap tech stocks. Bitcoin Meets the ‘Magnificent 7’: Blackrock’s Allocation Recommendation Blackrock Investment Institute (BII), a research division of Blackrock, the world’s largest asset manager, published a report titled “Sizing bitcoin in portfolios” on Thursday. The report examines bitcoin’s distinct characteristics, […]

BRICS Discusses Alternative Payment Platforms to Bypass Western Financial Systems

BlackRock says 1-2% a ‘reasonable’ Bitcoin portfolio allocation

December 12, 2024 Coin Telegraph

Bitcoin

The recommendation applies to investors who wish to hold Bitcoin, the asset manager said.

BlackRock, the world’s largest asset manager, said an up to 2% portfolio allocation is “reasonable” for investors who wish to hold Bitcoin (BTC), according to a Dec. 12 report.

The report, which was shared with Cointelegraph and first reported by Bloomberg, says 1-2% is “a reasonable range for a Bitcoin exposure” but cautions that larger allocations “would sharply increase Bitcoin’s share of the overall portfolio risk.”

Meanwhile, a 1-2% BTC allocation poses “on average, about the same share of overall portfolio risk” as a typical allocation to “the ‘magnificent 7’ group of mostly mega-cap tech stocks” in a portfolio comprising 60% stocks and 40% fixed income assets, BlackRock said.

BRICS Discusses Alternative Payment Platforms to Bypass Western Financial Systems

Financial Giant BlackRock Endorses Up to 2% Bitcoin (BTC) Allocation in Multi-Asset Portfolios: Report

December 12, 2024 The Daily Hodl

Amazon

Asset management giant BlackRock is reportedly promoting Bitcoin (BTC) as a part of a balanced portfolio. According to a new report by Bloomberg, BlackRock – which has over $10 trillion in assets under its management – released a new research paper saying that a 2% allocation of the top crypto asset by market cap in […]

The post Financial Giant BlackRock Endorses Up to 2% Bitcoin (BTC) Allocation in Multi-Asset Portfolios: Report appeared first on The Daily Hodl.

BRICS Discusses Alternative Payment Platforms to Bypass Western Financial Systems

BlackRock Gobbles Up $2,600,000,000 Worth of Bitcoin (BTC) in Just One Week: Arkham

December 9, 2024 The Daily Hodl

BlackRock Gobbles Up ,600,000,000 Worth of Bitcoin (BTC) in Just One Week: Arkham

Arkham Intelligence

New data from blockchain analytics firm Akham reveals that asset management titan BlackRock has gone on an aggressive Bitcoin (BTC) accumulation spree. In a new thread on the social media platform X, Arkham says that BlackRock – which has over $10 trillion in assets under management – bought billions of dollars worth of BTC in […]

The post BlackRock Gobbles Up $2,600,000,000 Worth of Bitcoin (BTC) in Just One Week: Arkham appeared first on The Daily Hodl.

BRICS Discusses Alternative Payment Platforms to Bypass Western Financial Systems

Billionaire Investor Abruptly Dumps $20,000,000,000 Portfolio, Pours Cash Into Four Assets: Report

December 7, 2024 The Daily Hodl

Billionaire Investor Abruptly Dumps ,000,000,000 Portfolio, Pours Cash Into Four Assets: Report

Asset Management

The head of a $210 billion asset management firm has decided to unload a massive pile of assets. Billionaire Israel “Izzy” Englander, CEO of Millennium Management, has sold off 68% of the firm’s Walmart (WMRT) position – 8.1 million shares worth about $745 million – according to its latest filings with the U.S. Securities and […]

The post Billionaire Investor Abruptly Dumps $20,000,000,000 Portfolio, Pours Cash Into Four Assets: Report appeared first on The Daily Hodl.

BRICS Discusses Alternative Payment Platforms to Bypass Western Financial Systems

Blackrock’s Bitcoin Fund Tops 500,000 BTC as US ETFs Draw $353M in Inflows

December 3, 2024 Bitcoin.com

Blackrock’s Bitcoin Fund Tops 500,000 BTC as US ETFs Draw 3M in Inflows

Bitcoin ETFs

On Monday, the 12 U.S. spot bitcoin exchange-traded funds (ETFs) attracted $353.67 million in inflows, with Blackrock’s IBIT taking the top spot. IBIT now boasts over 500,000 BTC, valued at $47.68 billion based on current exchange rates. Wall Street’s Bitcoin Bonanza: Blackrock Leads $353M ETF Influx The inflows to spot bitcoin ETFs and ether ETFs […]

BRICS Discusses Alternative Payment Platforms to Bypass Western Financial Systems

Hashdex again amends S-1 for Nasdaq Crypto Index US ETF

November 26, 2024 Coin Telegraph

blackrock

Another amended filing signals continued progress toward bringing a diversified cryptocurrency index fund to US exchanges.

Asset manager Hashdex has submitted its second amended application for a proposed exchange-traded fund (ETF) designed as a one-stop-shop cryptocurrency portfolio, according to a Nov. 25 regulatory filing.

The revised filing signals continued progress for the crypto index ETF with the Securities and Exchange Commission (SEC), the United States’ top financial regulator.

Hashdex filed its first amended S-1 in October after the SEC asked for more time to reach a decision on whether to authorize the ETF for trading.

blackrock

Share this video