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Last week was one of the most impressive periods for crypto exchange-traded funds (ETFs), in particular Bitcoin (BTC). BlackRock was one again ahead of its rivals, recording $446 million worth of BTC inflows on Thursday, October 2, and another $791.55 million on Friday, October 3, according to data retrieved by Finbold from SoSoValue To put things into perspective, Fidelity, for example, saw only $69.58 million added on Friday, while Ark’s net assets rose by $35.48 million. Out of 12 spot Bitcoin ETFs, only five saw no changes at the week’s close, while the rest were in the green. However, the numbers become more staggering when we consider that BlackRock’s net additions were more than four times higher than those of its competitors combined ($193.5 million). Spot BTC ETFs. Source: SoSoValue The overall daily inflows on October 3 were thus at $985.08 million, bringing the weekly total to $3.24 billion. New BlackRock Bitcoin ETPs  The world’s largest...

U.S. spot Bitcoin (BTC) and Ethereum (ETH) exchange-traded funds (ETFs) saw another wave of withdrawals yesterday, August 20, the fourth consecutive day of consistent net outflows. Bitcoin ETFs shed $311.57 million during the session, with BlackRock (IBIT) leading the sell-off with $220 million, according to data from SoSoValue on August 21. Ark (ARKB) had the same idea, dropping $76 million, while Fidelity (FBTC) and Grayscale (GBTC) posted smaller outflows of $7 million and $8 million, respectively. Ethereum ETFs also recorded substantial redemptions, with $240 million withdrawn on the day and BlackRock (ETHA) again taking the brunt of it, seeing $257 million in withdrawals.  Trading volumes still high Despite the net losses, trading volumes remained fairly high, suggesting investors are more likely to be repositioning rather than exiting the market altogether. Shifting strategies could be the result of both Bitcoin and Ethereum struggling to hold key...

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Cointelegraph has shared a BlackRock report that highlights how de-dollarization is pushing central bank reserves to other assets. The graph shows that US dollar reserves for global central banks have seen a steady decline since 1998. On the other hand, central banks seem to have significantly increased their gold reserves and other currencies. The report states that central banks are “ diversifying beyond the dollar, leading to a rise in other currency reserves, gold holdings, and consideration for emerging assets like Bitcoin. “ Source: Cointelegraph BlackRock’s Stance On De-Dollarization Source: Freepik The report shared by Cointelegraph is not the first instance of BlackRock’s cautious stance on the fading luster of the US dollar. In a letter to shareholders, Larry Fink, CEO of the world’s largest asset manager, stated how the US dollar will not remain the global reserve forever. Fink highlighted how the US debt can potentially lead to nations ditching ...

According to data from Farside Investors, BlackRock’s IBIT Bitcoin (BTC) ETF has purchased $1.1 billion worth of BTC over three days. The world’s largest asset manager bought $193.5 million worth of BTC on Apr. 22, $643.2 million worth on Apr. 23, and $327.3 million worth on Apr. 24. BlackRock’s recent buying spree comes amid a market-wide resurgence. Also Read: Why No Currency Can Replace U.S. Dollar’s Power: IMF Data Is Clear Source: Farside Investors Bitcoin Surges After BlackRock’s $1.1 Billion Buy BTC has reclaimed the $93,000 mark after its recent descent to below $75,000. BTC is currently training in the green zone across all time frames. The asset is up 1.4% in the daily charts, 10.5% in the weekly charts, 15.5% in the 14-day charts, 6.5% over the previous month, and 45.7% since April 2024. Source: CoinGecko Also Read: Shiba Inu: $18 Million Profits in SHIB If You Invested ‘At This Time’ Other bullish factors may have also propelled Bitcoin’s (BTC) ...

BlackRock CEO Larry Fink suggests that another 20% stock market drop could come amid the current economic decline. While Fink says he sees the current dip as a potential “buying opportunity,” he also “won’t rule out” further market decline in the coming weeks. JUST IN: BlackRock CEO Larry Fink says he won't rule out another 20% market drop. — Watcher.Guru (@WatcherGuru) April 7, 2025 Speaking on BloombergTV, the BlackRock CEO talked about the current state of the US economy and stock market. Over the past week, the majority of the market is in the red amid uncertainty around Donald Trump’s recent tariffs announcement. The unrest poured into both the stock and crypto markets, with most assets losing significant value. While many investors worry that the drop could get worse, Fink notes that this may be true, but it could also be a buying opportunity. “I see it more as a buying opportunity than a selling opportunity, but that doesn’t mean we can’t go do...

Asset management titan BlackRock is set to launch a Bitcoin ETP (exchange-traded product) in Europe today as US spot Bitcoin ETFs (exchange-traded funds) push their net daily inflow streak to 7 days. BlackRock’s iShares Bitcoin ETP follows the success of the asset manager’s spot Bitcoin ETF, which launched in the US in January last year.  BlackRock’s Bitcoin ETP To List On Multiple Platforms Today BlackRock’s Bitcoin ETP will be listed on Euronext Paris and Xetra under the ticker “IB1T.” It will also list on Euronext Amsterdam as “BTCN.” The ETP is backed by Bitcoin that is held by Coinbase Custody International Ltd. in cold storage, according to iShares .  BlackRock’s Bitcoin ETP listings in Europe also marks the first time the asset manager has introduced a crypto ETP outside of North America. US Spot Bitcoin ETFs Extend Inflow Streak BlackRock’s ETP launches in Europe come as US spot Bitcoin ETFs continue...

$10 trillion asset manager BlackRock has bought nearly $50 million in Bitcoin as other asset managers are selling in the past week. Arkham Intelligence data highlights the recent buying and selling activity among major financial institutions managing spot Bitcoin ETFs. The platform’s recent data reveals that BlackRock acquired around 515 BTC, worth just over $49M at press time. Grayscale Investments and Invesco recently offloaded part of their Bitcoin stash for unknown reasons. Bitcoin has been up and down in 2025 thus far but is overall up by over 6% in the past month. BlackRock, which is the world’s largest asset manager by total asset value, still appears highly confident in the cryptocurrency despite mixed market sentiment. BlackRock currently holds approximately $60 billion in Bitcoin. On the broader Bitcoin ETF market, there have been two consecutive days of net outflows. Data from Farside Investors show that out of the 11 asset managers, only BlackRock recorded posit...

Bitcoin’s core asset has taken center stage in the financial world. Larry Fink, CEO of BlackRock, has made a bold statement about cryptocurrency investment that’s causing a stir. Also Read: XRP Expected to Rise: Analysts Predict $0.75 Soon How Larry Fink’s Bitcoin Declaration Impacts Cryptocurrency Investments A New Perspective Larry Fink Bitcoin views have changed dramatically. He now sees it as a potential standalone asset class. During BlackRock’s earnings call, Fink said: “I’m not sure if either president would make a difference,” about Bitcoin’s future and U.S. elections. Breaking Records Source: Statista BlackRock’s Bitcoin ETF has soared since January. In nine months, it’s grown to $23 billion in assets. This rapid growth is changing how people invest in cryptocurrency. Also Read: Ethereum Gains 6.9%: Can ETH Hit $2800 This Week Comparing to Other Markets Fink sees similarities between Bitcoin and other financial produc...

The native token of the synthetic dollar protocol developer Ethena (ENA) surged by more than 45% this week as the project rolled out multiple new products. Ethena aims to provide a crypto-native solution for money not reliant on traditional banking system infrastructure via a synthetic dollar called USDe. The protocol also offers a dollar-denominated savings instrument called “the Internet Bond.” ENA is trading at 0.361 at time of writing, up from around $0.248 one week ago. The 115th-ranked crypto asset by market cap is also up more than 14% in the past 24 hours. On Tuesday, Ethena announced that its partnership with the Ethereum (ETH) restaking protocol EigenLayer (EIGEN) went live. Explained Ethena earlier this month, “We are excited to share that Ethena has partnered with EigenLayer and Ether.fi to introduce USDe as the first dollar-denominated token that can be used as security within its generalized shared security platform. Expanding restaked coll...

BlackRock, the largest asset manager in the world with nearly $10 trillion worth of assets under management, launched its Bitcoin (BTC) ETF earlier this year in January. The BTC ETF launch led to a significant market rally, and BTC hit a new all-time high of $73,737 in March. The ETFs were a big hit, witnessing significant inflows over the last six months. LookOnChain, a cryptocurrency Analysis company, reports that BlackRock presently owns 337,036 BTC, valued at $21.81 billion. The company just increased its holdings by 1000 BTC, worth $64.69 million, demonstrating its continued bullishness towards the digital currency. Also Read: Cardano: ADA Targets $1 Post Chang Hard Fork Upgrade, Now 33% Complete July 25 Update: 9 ETFs added 960 $BTC(+$62.14M).# Blackrock added 1,000 $BTC(+$64.69M) and currently holds 337,036 $BTC($21.81B)!#Grayscale decreased 428 $BTC(-$27.7M) and currently holds 271,623 $BTC($17.58B).https://t.co/YBhE9GeL7h pic.twitter.com/LievF6g9YM — Lookonchain (@looko...

The US-based investment advisor firm Vanguard has officially hired Salim Ramji, BlackRock’s former global head of ETFs, as its new CEO. Indeed, the appointment arrives after Vanugaurd opted to ban all recently approved Spot Bitcoin ETFs on its platform in January of this year. Ramji was a crucial part of BlackRock’s operations and led its iShares & index investing, developing and enhancing the asset management firm’s offerings for their global client base. A major part of that was the firm’s recent Spot Bitcoin ETF which has proved immensely successful. Subsequently, the hire has many wondering if Vanguard could be set to enter the Bitcoin ETF space. JUST IN: Vanguard hires BlackRock's global head of ETFs Salim Ramji as new CEO. Vanguard banned all spot #Bitcoin ETFs from their platform in January. — Watcher.Guru (@WatcherGuru) May 15, 2024 Also Read: Europe’s Second-Largest Bank Buys BlackRock Bitcoin ETF Shares Vanguard A...

Although the investment vehicles have traded for a mere 50 days, Spot Bitcoin ETFs have already become BlackRock and Fidelity’s most popular funds. Indeed, Bloomberg Analyst Erich Balchunas took to X (formerly Twitter) to share some interesting facts about the two products. Specifically, Balchunas notes that the asset managers IBIT and FBTC Bitcoin ETFs account for more than half of their year-to-date flows. Launching on January 11th after gaining regulatory approval, the investment products have been on a record-setting pace in their short existence thus far. Source: news.bitcoin.com Also Read: BlackRock Says Bitcoin (BTC) is Crucial to the Financial System Spot Bitcoin ETFs Are Proving to be Most Popular Funds for BlackRock, Fidelity At the start of 2024, the digital asset market received a massive surge in mainstream attention following the US Securities and Exchange Commission (SEC) approval of Spot Bitcoin ETFs. These products catapulted Bitcoin to another strato...

Following its highly successful offering thus far in the United States, BlackRock has launched a Spot Bitcoin ETF in Brazil. Specifically, the asset manager has expanded trading on its iShares Bitcoin Trust ETF (IBIT) just seven weeks after gaining approval from the US Securities and Exchange Commission (SEC). The success of BlackRock’s IBIT has been undeniable. The firm’s BTC investment offering surpassed $10 billion in assets under management Friday, becoming the quickest ETF to reach the landmark milestone. Now, the offering has been expanded to the South American country. JUST IN: 🇧🇷 BlackRock launches spot #Bitcoin ETF in Brazil. — Watcher.Guru (@WatcherGuru) March 1, 2024 Also Read: BlackRock Spot Bitcoin ETF Trading Volume Surpasses $1.1 Billion BlackRock Launches Spot Bitcoin ETF in Brazil The digital asset industry entered 2024 with high hopes for Bitcoin. Much of those expectations were due to the impending arrival of Spot Bi...