Ethena Labs’ USDtb Stablecoin Launches to Strong Market Reception
TL;DR Ethena Labs launched its BlackRock-backed stablecoin, USDtb, on December 16, 2024, amassing $65.4 million in TVL within the first 24 hours. USDtb is designed...
Tag : blackrock
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....
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...