BlackRock’s IBIT Becomes Fastest-Growing ETF in US History
TL;DR Launched in early 2024, IBIT has quickly become a standout performer among US ETFs. According to data from Bloomberg’s Eric Balchunas, it ranks fourth...
Tag : blackrock
BlackRock Accelerates Its Expansion in Private Markets and Crypto with Record Targets for 2030
TL;DR BlackRock projects over $35,000 million in revenue and $15,000 million in operating profit by 2030, with a market capitalization of $280,000 million. It expects...
Institutional Shakeup: BlackRock Sells Bitcoin, Invests $69M in Ethereum Growth
TL;DR Bitcoin Downsize: BlackRock shifted 5,362 BTC (valued at about $561 million) to Coinbase Prime, a move driven by ETF redemption activity and recent Bitcoin...
BlackRock Leads Strong Inflows in Bitcoin ETFs
TL;DR Bitcoin ETFs listed in the U.S. continue attracting institutional investments, with a total net inflow of $115 million despite recent market volatility. BlackRock’s iShares...
Brown University Invests $4.9 million in Bitcoin through BlackRock
TL;DR Brown University makes its first Bitcoin investment through BlackRock’s ETF. The investment, now valued at $5.8 million, highlights Bitcoin’s growth potential. This move underscores...
Bitcoin Could Thrive in a U.S. Recession, According to BlackRock
TL;DR Robbie Mitchnick from BlackRock suggested that a recession in the U.S. could be a positive catalyst for Bitcoin due to factors like increased fiscal...
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...
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...