IBIT Hits 700,000 BTC—Blackrock’s Grip on Bitcoin Tightens

Fresh spot bitcoin exchange-traded fund (ETF) numbers show Blackrock’s IBIT has hit a major milestone—after pulling in $164.64 million in inflows on Monday, the fund now holds a massive 700,000 BTC. Blackrock’s Ishares Bitcoin Trust (IBIT) just crossed a significant threshold, holding more than 700,000 BTC, worth roughly $76 billion. That puts IBIT at the … Read more

Blackrock Bitcoin ETF Titan Dethrones Its $624B S&P 500 Fund in Fee Revenue

Blackrock’s Bitcoin ETF is now out-earning its flagship S&P 500 fund, marking a pivotal moment as institutional money floods into crypto amid surging investor demand. Blackrock’s Bitcoin ETF Revenue Surpasses S&P 500 Fund Amid Crypto Demand Surge A sharp divergence in exchange-traded fund (ETF) revenue streams reveals how investor demand for crypto exposure is overtaking … Read more

Trump’s Tariffs Reshaped Bitcoin’s Backbone, Institutional Bitcoin Takeover, and More — Week in Review

Trump’s tariffs just reshaped bitcoin’s backbone, Blackrock could orchestrate institutional bitcoin takeover, Trump praises Senate-backed stablecoin bill, and more in this Week in Review. Week in Review Chinese mining giants Bitmain, Canaan, and MicroBT are relocating operations due to Trump-era tariffs. Meanwhile, concerns over Bitcoin’s decentralization have emerged, with podcast host Vlad Costea warning of … Read more

Blackrock’s Bitcoin Stash Now Worth $72B—ETF Swallows 3.44% of BTC in Circulation

Although inflows into spot bitcoin exchange-traded funds (ETFs) have tapered off, Blackrock’s Ishares Bitcoin Trust ETF has nonetheless drawn more than 20,000 BTC—valued north of $2 billion at current exchange rates—in just the past two weeks. From $23 to $59 per Share: IBIT’s 151% Leap Mirrors Bitcoin’s Relentless Climb Two weeks ago, Bitcoin.com News reported … Read more

Ethena, Securitize Enable Round-the-Clock Atomic Swaps for Blackrock’s BUIDL via USDtb 

Securitize and Ethena Labs have partnered to enable nonstop atomic swaps between Blackrock’s tokenized treasury fund, BUIDL, and the stablecoin USDtb, enhancing onchain liquidity and flexibility. Institutional Crypto Liquidity Enhanced: BUIDL Now Swappable 24/7 for USDtb Ethena’s USDtb is a blockchain-based stablecoin pegged 1:1 to the U.S. dollar. It is primarily backed by shares in … Read more

Huge Outflow on Blackrock’s IBIT Pulls Bitcoin ETFs Into Red Zone

Bitcoin exchange-traded funds (ETFs) saw a second consecutive day of net outflows, shedding $48 million despite inflows across five funds, dragged down by a large exit from Blackrock’s IBIT. Meanwhile, ether ETFs celebrated a milestone 15th straight day of net inflows. Bitcoin ETFs Post Second Day of Outflows as Ether ETFs Mark 3 Weeks of … Read more

Blackrock’s Tokenized Money Market Fund BUIDL Tops $10M in May Dividends

BUIDL paid more than $10 million in dividends in May, marking its highest monthly payout to date. BUIDL Tops $43.4M in Dividends Since Launch BUIDL, or the Blackrock USD Institutional Digital Liquidity Fund, is an asset manager’s first tokenized money market fund, created in partnership with Securitize. The fund brings traditional money market exposure—U.S. Treasury … Read more

Vance Champions Bitcoin in Vegas, Trump Media Secures $2.5B to Buy Bitcoin, and More — Week in Review

Vance champions Bitcoin at Las Vegas Conference, Trump Media secures $2.5B to buy bitcoin, Blackrock warns of quantum hack risk, and more in this Week in Review. Week in Review U.S. Vice President J.D. Vance announced the end of “Operation Chokepoint 2.0” and voiced strong support for Bitcoin at a Las Vegas conference, while Trump … Read more