1. Home
  2. Ishares Bitcoin Trust

Ishares Bitcoin Trust

Banking Giant Barclays Owns $136,834,631 Worth of BlackRock’s Bitcoin Exchange-Traded Fund

Banking Giant Barclays Owns 6,834,631 Worth of BlackRock’s Bitcoin Exchange-Traded Fund

The multinational banking giant Barclays holds nearly $137 million worth of BlackRock’s iShares Bitcoin exchange-traded fund (ETF). The London-headquartered bank disclosed it holds 2,473,064 shares of BlackRock’s IBIT fund in a recent quarterly filing submitted to the U.S. Securities and Exchange Commission (SEC). IBIT, the largest Bitcoin (BTC) ETF in terms of assets under management […]

The post Banking Giant Barclays Owns $136,834,631 Worth of BlackRock’s Bitcoin Exchange-Traded Fund appeared first on The Daily Hodl.

Grayscale’s AVAX Trust Seeks Nasdaq Listing in New SEC Filing

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

BlackRock’s iShares Bitcoin Trust (IBIT) ETF Sets New Records Inflows at 5,000,000: Report

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.

Grayscale’s AVAX Trust Seeks Nasdaq Listing in New SEC Filing

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

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

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.

Grayscale’s AVAX Trust Seeks Nasdaq Listing in New SEC Filing

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

Blackrock’s Head of Crypto Sees Bitcoin as ‘Risk Off’ Asset Despite Stock CorrelationBlackrock’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 […]

Grayscale’s AVAX Trust Seeks Nasdaq Listing in New SEC Filing

Goldman Sachs Discloses $418 Million Bitcoin ETF Holdings

Goldman Sachs Discloses 8 Million Bitcoin ETF HoldingsGlobal 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 […]

Grayscale’s AVAX Trust Seeks Nasdaq Listing in New SEC Filing

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

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

Grayscale’s AVAX Trust Seeks Nasdaq Listing in New SEC Filing

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

Morgan Stanley’s 15,000 Financial Advisors Can Start Pitching Bitcoin ETFs to Clients Next Week: ReportMorgan 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 […]

Grayscale’s AVAX Trust Seeks Nasdaq Listing in New SEC Filing

Blackrock Warns of Rising Crypto Investment Scams

Blackrock Warns of Rising Crypto Investment ScamsBlackrock, 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 […]

Grayscale’s AVAX Trust Seeks Nasdaq Listing in New SEC Filing

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

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:

Read more

Grayscale’s AVAX Trust Seeks Nasdaq Listing in New SEC Filing

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

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.

Read more

Grayscale’s AVAX Trust Seeks Nasdaq Listing in New SEC Filing