BlackRock’s IBIT Absorbs 77% of June Bitcoin ETF Outflows Amid Market Sell-Off
TL;DR IBIT concentrated most of the pressure in June, absorbing around $3.3Bn, which equals roughly 77% of total US Bitcoin ETF outflows of $4.3Bn. The largest
BlackRock (Latest Publications)
Open Standard Launches Open USD With Support From More Than 140 Industry Backers
TL;DR: Open USD is a new stablecoin backed by a consortium of more than 140 financial and crypto companies, including Visa, Mastercard and BlackRock. Partners can
BlackRock Steps Further Into DeFi With Ethena Support and a $100 Million Liquidity Boost
TL;DR: The governance token of Ethena (ENA) registered an 8% increase in the last 24 hours after the strategic partnership with the asset manager was confirmed.
BlackRock Extends Bitcoin and Ethereum Sales With Massive $217M Transfer
TL;DR BlackRock transferred 3,410 BTC and 5,132 ETH worth nearly $217 million to Coinbase Prime through multiple transactions detected on June 25. The move arrived during
Bitcoin ETFs Lead Nearly $500 Million in Outflows as Crypto Funds Slide
TL;DR Bitcoin Outflows: Bitcoin ETFs saw $469.0 million in redemptions on June 24, with major issuers including BlackRock, Fidelity, ARK, Bitwise, and Grayscale all posting losses.
BlackRock Says Bitcoin Is Maturing — Recommends Up to 2% Portfolio Allocation
TL;DR: BlackRock recommended its financial advisors a Bitcoin allocation of between 1% and 2% as a complementary diversifier in long-term portfolios. The firm noted that this
Bitcoin and Ethereum ETFs Face a Tough Session With Nearly $200 Million in Outflows
TL;DR Bitcoin flows: Bitcoin ETFs saw $113.8 million in outflows on June 23, driven entirely by IBIT’s $182.0 million in redemptions, while several competing funds attracted
BlackRock Becomes the World’s Third-Largest Bitcoin Holder With 764,000 BTC
TL;DR BlackRock has emerged as the third-largest Bitcoin holder globally, with approximately 764,000 BTC linked to its spot Bitcoin ETF operations. The asset manager now ranks
BlackRock Executive Expects Bitcoin to Rise Significantly Over Time
TL;DR: Rick Rieder, BlackRock’s CIO, stated that Bitcoin will go “considerably higher,” though this scenario is a long-term projection. BlackRock bought over $38 million in Bitcoin
BlackRock Set to Debut Income-Generating Bitcoin ETF
TL;DR: BlackRock will launch the iShares Bitcoin Premium Income ETF (BITA), designed to generate income from bitcoin’s volatility. The fund combines exposure to bitcoin’s price through
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