BlackRock’s Bitcoin ETF Hits $1B AUM in One Week
IBIT’s holdings consist of 99% bitcoin, and nearly $60,000 in fiat, data shows.
Binary trading platforms with better performance and payouts
BlackRock
IBIT’s holdings consist of 99% bitcoin, and nearly $60,000 in fiat, data shows.
Grayscale’s GBTC has seen sizable outflows as investors cash following its conversion to a spot ETF.
Larry Fink has been talking up a spot ether ETF, but index provider CF Benchmarks sees a conundrum when it comes to selling that product.
Data about inflows is still incomplete and market watchers might have to wait until Friday evening for the full picture, Bloomberg analyst Eric Balchunas pointed out.
“I see value in having an Ethereum ETF,” Fink said in an interview with CNBC on Friday.
The fund saw about $400 million of inflows within 30 minutes of its trading debut, CF Benchmarks said.
Spot bitcoin ETFs are launching in the U.S. on Thursday. Here’s what the issuers and exchanges behind these products have to say.
BlackRock and VanEck, two among 13 issuers hoping to launch bitcoin exchange-traded funds (ETFs) in the U.S., have filed updated documents on Tuesday.
Just one potential spot bitcoin ETF issuer has set a management fee above 1%, and many of the others are asking for less than 0.5%.
BlackRock said its fee will start at 0.20%, rising to 0.30%.