US Bitcoin ETFs raked in $1.1B this week, most since mid-July
BlackRock, ARK 21Shares and Fidelity’s Bitcoin products led the way with $499 million, $289.5 million and $206.1 million in inflows, respectively. Go to Source
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Crypto Biz: Bitfarms gets new board after months of power struggles
Bitfarms and Riot Platforms settle months of corporate disputes with board review, while BlackRock moves for changes to Bitcoin ETF withdrawals. Go to Source
Propelled by crypto inflows, US ETF assets hit record $10 trillion
Cryptocurrency ETFs saw inflows exceeding $20 billion in 2024, according to Morningstar. Go to Source
Blackrock Amasses $24 Billion in Bitcoin, Approaches 2% of Total Supply
From Jan. 11 to Sept. 26, 2024, Blackrock, the world’s largest asset manager, collected an astonishing 363,626.36 bitcoin, valued at just over $24 billion as of Sept. 27. This accumulation puts Blackrock’s exchange-traded fund (ETF), IBIT, on the cusp of controlling nearly 2% of bitcoin’s total supply. A Look at How Blackrock Quickly Accumulated Billions … Read more
Blackrock Joins Race to Issue New Stablecoin
Blackrock has announced its backing of a new stablecoin, UStb, launched by Ethena Labs. Supported by Blackrock’s BUIDL fund, UStb is designed to provide a reliable alternative in the stablecoin market, leveraging investments in U.S. dollars, short-term Treasury bills, and repurchase agreements. Ethena Labs has partnered with Securitize to facilitate the launch, aiming to enhance … Read more
Bitcoin buyers throw $366M into US ETFs as BTC pushes above $65K
Bitcoin broke above $65,000 mark during late trading on Sept. 26, with the day bringing over $360 million in inflows to United States-listed spot Bitcoin ETFs. Go to Source
BlackRock Bitcoin ETF posts September’s biggest daily inflow of over $180M
BlackRock’s Bitcoin ETF saw the highest daily inflow of any fund this month on Sept. 25, amid a wider five-day inflow streak across all spot Bitcoin ETFs in the United States. Go to Source
Ethena to launch new stablecoin backed by BlackRock’s BUIDL
Ethena’s synthetic stablecoin USDe can benefit from incorporating UStb during periods of weak funding conditions, Ethena Labs said. Go to Source
Blackrock’s Bitcoin and Ether ETFs Lead Inflows Amidst Strong Trading Day
According to the latest numbers, U.S. spot bitcoin exchange-traded funds (ETFs) raked in $135.95 million in inflows on Tuesday. Meanwhile, spot ether ETFs were not left behind, attracting $62.51 million in new capital. U.S. Bitcoin ETFs Reap $135M Inflows, Ether Funds Close Behind with $62M It was a solid day for U.S. spot bitcoin and … Read more
85% on Polymarket betting Ethereum won’t see new all-time high by 2025
A decision on Ethereum ETF options has been pushed back to November, four days after Blackrocks’s IBIT options trading was approved. Go to Source