Blackrock Warns of Bitcoin Supply Shock—Not Enough BTC for Every Millionaire

Blackrock warns that bitcoin’s scarcity is more severe than widely believed, predicting that if every U.S. millionaire sought just one BTC, there wouldn’t be enough to meet demand. Blackrock Warns: Not Enough Bitcoin for Every Millionaire to Own Just One Blackrock, the world’s largest asset manager, published a report on Feb. 26 highlighting bitcoin’s potential … Read more

BlackRock Adds Bitcoin to $150B Model Portfolio, Marking a Major Milestone for Crypto Adoption

In a groundbreaking turn for Bitcoin and the wider cryptocurrency market, BlackRock, the world’s largest asset manager, has officially woven Bitcoin into the fabric of its $150 billion model portfolio strategy. The firm, which oversees trillions in assets around the globe, has included the iShares Bitcoin Trust ETF (IBIT) in its investment model with an … Read more

Blackrock Incorporates Bitcoin ETF in $150 Billion Portfolio Strategy

The addition of 1% to 2% allocation of its bitcoin ETF to its model portfolios by Blackrock signals growing institutional confidence in bitcoin, despite recent market turbulence. Blackrock Adds Bitcoin ETF to Model Portfolios, Strengthening Institutional Adoption Blackrock has integrated its iShares bitcoin trust ETF (IBIT) into its $150 billion model portfolio strategy. The move … Read more

Blackrock Under the Microscope: Financial Institution Shifts Millions in Crypto to Coinbase

Blackrock has transferred about 18,168 ether and 1,800 bitcoin, worth around $44 million and $160 million, to the centralized crypto platform Coinbase. Blackrock’s Digital Asset Strategy and Rebalancing in the Spotlight Onchain observers noted that the transfers occurred within a short window, indicating that the financial giant Blackrock is actively moving its digital asset holdings. … Read more

Barclays Purchases $131M of Blackrock’s Bitcoin ETF

London UK-based Barclays Bank, one of the world’s largest financial institutions with more than $1.5 trillion in assets, purchased $131 million worth of Blackrock’s Ishares spot bitcoin exchange-traded fund (ETF) in 2024. The details were revealed in a routine regulatory filing submitted on Thursday to the SEC. The move marks a sharp shift in the … Read more

Blackrock to Launch Bitcoin ETP in Europe as Institutions Dive Into Crypto

Blackrock is seeking to launch a bitcoin ETP in Europe, capitalizing on institutional demand after its U.S. bitcoin ETF amassed nearly $60 billion in assets. Blackrock Eyes Europe for Bitcoin ETP Amid Institutional Crypto Boom Blackrock, the world’s largest asset management firm, is reportedly preparing to introduce a spot bitcoin exchange-traded product (ETP) in Europe, … Read more

Blackrock Boosts MSTR Investment to 5% Amid Market Volatility

Blackrock, the globe’s leading asset management titan, has fortified its position in Strategy (formerly Microstrategy) equity, elevating its stake in MSTR to 5%—a milestone reflecting heightened institutional confidence. Institutional Confidence Rises as Blackrock Claims a 5% Stake in Strategy Per a Schedule 13G filing with the U.S. Securities and Exchange Commission (SEC)—a regulatory disclosure for … Read more

Armstrong Predicts Bitcoin Surge, XRP Traders Brace for Action, and More — Week in Review

Armstrong predicts Bitcoin surge, XRP traders brace for action, Blackrock-backed treasuries arrive on XRP Ledger, and more in this Week in Review. Week in Review Coinbase CEO Brian Armstrong predicts Bitcoin will soar into the millions, citing increasing institutional adoption and regulatory clarity. Meanwhile, XRP remains strong with steady price action around $3.13 and positive … Read more

Blackrock CEO Larry Fink Believes Bitcoin Could Reach $700K

Blackrock’s CEO believes that institutional bitcoin adoption could push BTC’s price to $700,000, highlighting its role as a hedge against currency debasement and financial instability. Larry Fink: Institutional Bitcoin Demand Could Boost Prices to $700K The CEO of Blackrock, the world’s largest asset manager, Larry Fink, shared bold predictions about bitcoin’s future value during a … Read more