Investors Added Money to Bitcoin ETFs Even as Prices Slipped 7% in June
Data from Bloomberg Intelligence shows the spot funds saw net inflows of $790 million even as the price of bitcoin tumbled 7%.
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BlackRock’s IBIT surpasses Grayscale’s GBTC as largest Bitcoin fund
BlackRock’s (NYSE: BLK) Bitcoin ETF, the iShares Bitcoin Trust (IBIT), has reached a significant milestone, surpassing the Grayscale Bitcoin Trust … Continue reading
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BlackRock’s Spot Bitcoin ETF Records Biggest Inflows Since April as BTC Hovers at $70K
Bitcoin spot ETFs in the U.S. have seen net inflows of over $1.4 billion in the past week after a timid first half of the month.
As a Pension Embraces Bitcoin, Hope Grows for Cryptocurrency’s Long-Term Prospects Even Among Conservative Pros
Spot bitcoin exchange-traded funds debuted with a giant splash in January, quickly attracting billions of dollars of investment. But who was buying them and why have inflows stalled in recent weeks? Was it a fad that fizzled?
Izzy Englander’s Millennium, Paul Singer’s Elliott Among Bitcoin ETF Holders
After Tuesday’s surprising disclosure of a $161 million allocation from the State of WIsconsin, more investment whales turned out to have been part of the unprecedented success of the ETFs.
BTC optimism as institutional investors report millions in Bitcoin ETFs ownership
This year marked a significant shift in the investment landscape, as the Securities and Exchange Commission (SEC) approved nine spot … Continue reading
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There Are Many Bitcoin Critics Left in Finance, Despite BlackRock’s Newfound Love
At a recent gathering of investors in Miami, skepticism remained high even after finance titan BlackRock’s shift toward touting the original cryptocurrency.
Did Strong Bitcoin ETF Demand Kill Halving’s Potential Bullish Rally?
The much stronger-than-expected inflows into the spot bitcoin exchange-traded funds (ETFs) have already caused concerns about a supply shock in the bitcoin market, potentially taking away some of the impacts of the halving.
BlackRock Adds Goldman Sachs, Citigroup, UBS as APs for Bitcoin ETF
BlackRock (BLK) has added five additional authorized participants (APs) to the iShares Bitcoin Trust (IBIT), bringing the total number to nine as the fund continues to attract billions of dollars of inflows from investors.
BlackRock’s Bitcoin ETF Nears 200K BTC, Passing Michael Saylor’s MicroStrategy
In less than two months of existence, the BlackRock iShares Bitcoin ETF (IBIT) has accumulated more bitcoin {{BTC}} than the largest corporate holder, MicroStrategy (MSTR).