BlackRock BUIDL Fund Expands to Avalanche
TL;DR BlackRock and Securitize prepare to launch tokenized fund BUIDL on Avalanche Network. The information comes from on-chain activity showing a funded and configured contract....
Tag : blackrock
Bitcoin Rise in BlackRock Hands as ETH Faces ETF Outflows
TL;DR BlackRock increases its Bitcoin holdings to 403,725 BTC, valued at $27.73 billion. Ethereum ETFs see net outflow of 2,917 ETH, reflecting a lack of...
Bitcoin Behaves Like a ‘Risk-off’ Asset Rather Than a ‘Risk-on’ Asset
TL;DR Robbie Mitchnick, BlackRock’s head of digital assets, believes that Bitcoin should not be classified as a risk asset, despite its recent correlation with the...
Nasdaq Seeks Approval for Bitcoin Index Options
TL;DR Nasdaq has requested SEC approval to launch options based on a Bitcoin index. Index options would allow investors to hedge risks and extend their...
BUIDL: Setting New Standards in Tokenization
TL;DR Rapid Growth: BlackRock’s BUIDL has become the world’s largest tokenized treasury fund in under six weeks, with $375 million in deposits, capturing nearly 30%...
The Tokenization of U.S. Treasury Bonds Surpasses $1 Billion
TL;DR The tokenization of U.S. Treasury bonds has surpassed one billion dollars in value. These are digital representations of U.S. government bonds, allowing investors to...
Record Inflows in Bitcoin ETFs: $577 Million Injected in One Day
TL;DR Bitcoin ETFs have secured a record $577 million in net inflows, equivalent to approximately 10,168 BTC. BlackRock’s IBIT and Fidelity’s FBTC experienced notable inflows,...
BlackRock’s IBIT Attracts $224 Million in Less Than Three Weeks
TL;DR BlackRock’s IBIT attracts $224 million in less than three weeks, ranking among the top five ETFs for 2024 inflows. IBIT offers low fees and...
BlackRock Sets Its Sights on Bitcoin: Will Increase Exposure to BTC, Providing More Options for Investors
TL;DR BlackRock is considering increasing its exposure to Bitcoin, foreseeing significant upward potential for the cryptocurrency. Rick Rieder emphasizes the importance of providing accessible avenues...
First Negative Day for Bitcoin ETFs
Bitcoin ETFs face their first setback, as a significant shift in money flows is observed, marking the first time a negative trend has been experienced...