BlackRock’s iShares Bitcoin Trust (IBIT) ETF Sets New Records Inflows at $875,000,000: Report

October 31, 2024 The Daily Hodl

Bitcoin

Asset management giant BlackRock’s iShares Bitcoin Trust (IBIT) exchange-traded-fund (ETF) is reportedly setting new daily inflow records. According to a report from Yahoo Finance, investors poured $875 million worth of daily inflows into BlackRock’s $31 billion Bitcoin (BTC) ETF earlier this week as we approach November’s highly anticipated presidential election. In a recent interview with […]

The post BlackRock’s iShares Bitcoin Trust (IBIT) ETF Sets New Records Inflows at $875,000,000: Report appeared first on The Daily Hodl.

‘Insane Bubble’ Coming to Crypto Assets Amid Memecoin Bottoming Phase, According to Economist Henrik Zeberg

BlackRock Now Holding 403,725 Bitcoin (BTC) Worth $26,980,000,000 After Accumulation Spree

October 28, 2024 The Daily Hodl

Bitcoin

BlackRock, the largest asset manager in the world, is now holding tens of billions of dollars worth of Bitcoin (BTC), the firm’s data shows. According to the asset management’s disclosures, BlackRock holds 403,725 BTC worth $26.98 billion in its iShares Bitcoin Trust exchange-traded fund (ETF). Blockchain tracking firm Lookonchain says that in the last two […]

The post BlackRock Now Holding 403,725 Bitcoin (BTC) Worth $26,980,000,000 After Accumulation Spree appeared first on The Daily Hodl.

‘Insane Bubble’ Coming to Crypto Assets Amid Memecoin Bottoming Phase, According to Economist Henrik Zeberg

Blackrock’s Head of Crypto Sees Bitcoin as ‘Risk Off’ Asset Despite Stock Correlation

September 25, 2024 Bitcoin.com

Bitcoin

Blackrock’s digital asset chief sees bitcoin as a “risk-off” asset even though it has shown a pattern aligned with U.S. stocks. He drew parallels between bitcoin and gold, pointing to its decentralized structure and limited supply as crucial factors setting it apart. Blackrock’s increasing engagement with bitcoin is also reflected in the strong performance of […]

‘Insane Bubble’ Coming to Crypto Assets Amid Memecoin Bottoming Phase, According to Economist Henrik Zeberg

Goldman Sachs Discloses $418 Million Bitcoin ETF Holdings

August 16, 2024 Bitcoin.com

Bitcoin

Global investment bank Goldman Sachs has reported holdings of $418 million in spot bitcoin exchange-traded funds (ETFs) in the second quarter. Its biggest position is a $238 million stake in Blackrock’s Ishares Bitcoin Trust (IBIT). In contrast, Morgan Stanley reduced its bitcoin ETF holdings. Meanwhile, hedge funds are taking a more aggressive stance in the […]

‘Insane Bubble’ Coming to Crypto Assets Amid Memecoin Bottoming Phase, According to Economist Henrik Zeberg

Former SEC Official Urges 15,000 Morgan Stanley Advisors to ‘Say No’ to Bitcoin ETFs, Citing ‘Mammoth Risk’

August 9, 2024 Bitcoin.com

Bitcoin

The U.S. Securities and Exchange Commission’s former head of internet enforcement, John Reed Stark, has raised concerns about Morgan Stanley’s 15,000 financial advisors promoting cryptocurrency investments, citing risks to retail investors and potential career consequences for advisors. He warned that the advisors could risk their Certified Financial Planner credentials if they fail to adhere to […]

‘Insane Bubble’ Coming to Crypto Assets Amid Memecoin Bottoming Phase, According to Economist Henrik Zeberg

Morgan Stanley’s 15,000 Financial Advisors Can Start Pitching Bitcoin ETFs to Clients Next Week: Report

August 3, 2024 Bitcoin.com

Bank of America

Morgan Stanley is set to offer spot bitcoin exchange-traded funds (ETFs) to select clients through its 15,000 financial advisors starting next week. This marks a significant first for a major Wall Street bank. Advisors can pitch Blackrock’s Ishares Bitcoin Trust and Fidelity’s Wise Origin Bitcoin Fund to eligible clients, reflecting the growing acceptance of bitcoin […]

‘Insane Bubble’ Coming to Crypto Assets Amid Memecoin Bottoming Phase, According to Economist Henrik Zeberg

Blackrock Warns of Rising Crypto Investment Scams

July 30, 2024 Bitcoin.com

bitcoin etf

Blackrock, the world’s largest asset manager with $10.5 trillion in assets under management, has warned about cryptocurrency scams. The firm urged caution when dealing with individuals, websites, or social media platforms using its brand to offer training or investments. Blackrock noted a spike in scams directing users to crypto investment-related websites or platforms like Whatsapp […]

‘Insane Bubble’ Coming to Crypto Assets Amid Memecoin Bottoming Phase, According to Economist Henrik Zeberg

Direct client demand driving growth in BlackRock’s Bitcoin ETF so far

July 25, 2024 Coin Telegraph

bitcoin etf

BlackRock head of digital assets Robert Mitchnick talked ETFs with Bloomberg’s James Seyffart at Bitcoin 2024.

Client demand was the driving force behind Bitcoin exchange-traded fund (ETF) creation, and the funds are just beginning to pick up momentum, BlackRock head of digital assets Robert Mitchnick said at the Bitcoin2024 event. He was interviewed on stage by Bloomberg journalist James Seyffart.

BlackRock CEO Larry Fink was a vocal skeptic of cryptocurrency when Mitchnick was hired in 2018. Fink was subsequently “orange-pilled,” pivoting to call Bitcoin “digital gold” in a recent interview.

Mitchnick credited Fink himself for the change of heart. “Larry deserves a lot of credit for the time that he spent studying the space,” Mitchnick said. He added:

‘Insane Bubble’ Coming to Crypto Assets Amid Memecoin Bottoming Phase, According to Economist Henrik Zeberg

Bears rekt: Bitcoin ETFs see runner-up record day with $887M inflows

June 5, 2024 Coin Telegraph

Bears rekt: Bitcoin ETFs see runner-up record day with 7M inflows

Bitcoin ETF Flows

Fidelity’s Bitcoin fund led the pack with $378.7 million in net inflows on the U.S. spot Bitcoin ETFs second-highest joint net inflow day, according to preliminary data.

United States-based spot Bitcoin exchange-traded funds (ETFs) saw their second-best-ever joint net inflow day of $886.6 million, according to preliminary data.

The Fidelity Wise Origin Bitcoin Fund (FBTC) saw the largest inflow at $378.7 million, while BlackRock’s iShares Bitcoin Trust (IBIT) was second with $274.4 million, according to early data from Farside Investors.

The ARK 21Shares Bitcoin ETF (ARKB) was the third-best performer with $138.7 million in net inflows, Farside data shows.

‘Insane Bubble’ Coming to Crypto Assets Amid Memecoin Bottoming Phase, According to Economist Henrik Zeberg

BlackRock adds own Bitcoin ETF to income and bond funds

May 28, 2024 Coin Telegraph

blackrock

One of the funds was BlackRock’s Strategic Income Opportunities Fund worth over $37.4 billion.

BlackRock’s income and bond-focused funds have bought shares of the asset manager’s own spot Bitcoin (BTC) exchange-traded fund (ETF) in the first quarter, regulatory filings show.

BlackRock’s Strategic Income Opportunities Fund (BSIIX) snapped up $3.56 million worth of the iShares Bitcoin Trust (IBIT) while its Strategic Global Bond Fund (MAWIX) made a $485,000 purchase, according to May 28 Securities and Exchange Commission filings.

The IBIT shares are a fraction of BSIIX and MAWIX’s investment portfolios, respectively worth $37.4 billion and 776.4 million.

Ishares Bitcoin Trust

Share this video