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Showing posts with the label blackrock

BlackRock just deposited nearly 30,000 of this crypto into Coinbase; Will it offload?

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BlackRock deposited 21,910 Ethereum (ETH), worth around $117.82 million, to Coinbase Prime on Monday, October 20, leaving the market speculating as to what the investment firm’s next move might be. The transfer was done in ten transactions, nine of which were of about 3,000 ETH, or around $12.15 million, and one of more or less 2,109 ETH, worth approximately $8.45 million, according to data Finbold retrieved from Arkham Intelligence .  BlackRock ETH transfers. Source: Arkham Intelligence Institutional movements of this caliber are often seen as the groundwork for increased trading activity in the near future, or a rebalancing of the holder’s portfolios.  Accordingly, traders are now speculating whether the fund might increase its offloading soon. Last week, ETH ETFs had already seen a total of $312 million in outflows, with Blackrock’s iShares Ethereum Trust ETF (ETHA) accounting for $245 million. While there is still no telling what the next move coul...

BlackRock just spent over $300 million buying this crypto

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The world’s largest investment firm, BlackRock, continues to flex its muscle in the cryptocurrency space through the steady accumulation of assets via spot exchange-traded funds (ETFs). To this end, data indicates that the company poured $314.9 million into its Ethereum spot ETF (ETHA) on August 25, marking one of the biggest single-day inflows since trading began. The move was part of a broader buying spree across multiple issuers. For instance, Fidelity attracted $87.4 million, Bitwise added $9.7 million, while Grayscale’s ETH fund recorded $53.3 million in net inflows despite a $29.2 million outflow from its ETHE product.  Invesco and 21Shares also posted smaller gains of $2.2 million and $5.6 million, respectively. In total, Ethereum spot ETFs drew $443.9 million in fresh capital on Monday.  The August 25 surge wasn’t an isolated event. Just days earlier, on August 22, BlackRock recorded another $109.4 million inflow, while Fidelity pulled in $117.9 mi...

BlackRock's Bitcoin ETF Brings More Revenue than S&P 500 Fund

BlackRock’s Spot Bitcoin ETF offering brings more revenue than its S&P 500 tracker fund, according to Bloomberg analysts. The iShares Bitcoin Trust ETF (IBIT) has picked up inflows in all but one of the last 18 months, an extremely successful offering since its launch in January 2024. JUST IN: BlackRock's Bitcoin ETF drives more revenue than its S&P 500 fund. pic.twitter.com/4M9ZmHsMjI — Watcher.Guru (@WatcherGuru) July 2, 2025 With an expense ratio of 0.25%, the fund brings in an estimated $187.2 million in annual fees, according to Bloomberg. That is higher than the $187.1 million made by BlackRock’s iShares Core S&P 500 ETF (IVV). What is even more shocking about that stat is that the BlackRock S&P 500 fund is nearly nine times larger at around $624 billion in assets, and charges just 0.03%. “IBIT overtaking IVV in annual fee revenue is reflective of both the surging investor demand for Bitcoin and the significant fee compression in core equity exposu...

BlackRock CEO: Europe Set to Soar as Top Investment Amid U.S. Uncertainty

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Europe investment opportunities are gaining attention right now as BlackRock CEO Larry Fink has identified the continent as a promising investment destination amid ongoing U.S. market uncertainty. European nations are actually increasing their defense and infrastructure spending, creating potential value for investors who are looking beyond traditional American markets at the time of writing. Also Read: Top 5 Defense Stocks to Buy as U.S. Approves $150B Military Budget How Europe’s Growth and U.S. Instability Shape Investment Opportunities Source: news.bitcoin.com BlackRock’s View on Europe Investment Opportunities During a recent earnings call, Larry Fink highlighted how Europe’s policy shifts were triggered by changing international relations and also by new economic priorities. Larry Fink stated: “If Europe is focused on growth, that is a great added opportunity that we didn’t see 80 days ago.” This represents an important shift from previous inves...

BlackRock Reveals The Asset That Can Replace The US Dollar

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BlackRock’s Larry Fink has once again given a blunt warning to the world about the changing financial dynamics. Fink has raised concerns over the rising US debt and the fact that it has the potential to derail the US dollar. Furthermore, Fink has predicted the US dollar’s fate, adding how the aforementioned narrative can easily jeopardize its reserve currency status. At the same time, Fink has shared an alternative asset capable of challenging the dollar’s supremacy, turning the ominous dollar doom prophecy more real than ever. Also Read: Shiba Inu: How Long Until $1000 in SHIB Becomes $1 Million? BlackRock Larry Fink’s Dollar Doom Warning Source: DL News With the United States national debt sitting at $36.2 trillion, BlackRock CEO Larry Fink has sounded a noteworthy alarm. His statement arrives at a time when the US is combating a precarious political situation, marred by aggressive tariff policies that are eroding the dollar at a rapid pace. “The national debt has gr...

XRP Price Soars Past $3 For The First Time Since 2018 With 8% Pump After Ripple Exec Says SEC Case “Is Just Noise”

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The XRP price pumped more than 8% to above $3 for the first time since 2018 as Ripple chief legal officer Stuart Alderoty said the US Securities and Exchange Commission (SEC) lawsuit against the company has become “just noise.” XRP soared to as high as $3.18 in the past 24 hours, but has since pared gains to trade at $3.06 as of 3:02 a.m. EST. SEC Appeal Brief A “Rehash Of Already Failed Arguments”  Alderoty’s remarks and XRP’s surge came after the SEC filed its opening brief to appeal a final order that was delivered by Judge Analisa Torres of the US District Court for the Southern District of New York.  #XRPCommunity #SECGov v. #Ripple #XRP @Ripple The @SECGov has filed its opening brief.https://t.co/v0YTjHGxzV — James K. Filan 🇺🇸🇮🇪 (@FilanLaw) January 15, 2025 In its brief, the regulator said that Ripple executives Brad Garlinghouse and Chris Larsen “offered and sold over $2 billion of ...

BlackRock’s crypto fund BUIDL has paid over $17 million in dividends since launch

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The BlackRock USD Institutional Digital Liquidity Fund (BUIDL) has distributed $17.2 million in dividends since launch in March 2024. This marks a significant milestone for BlackRock (NYSE: BLK) and Securitize in the tokenization industry, paving the way forward. Notably, BUIDL is currently available on six leading blockchains and is a tokenized financial product focused on institutional players. In particular, these high-grade investors can get exposure to BUIDL on Ethereum (ETH), Aptos (APT), Arbitrum (ARB), Avalanche (AVAX), Optimism (OP), or Polygon (POL). The fund currently has $648.55 million in Total Asset Value, with Ethereum dominating by 74%, with $479.20 million. Avalanche comes in second and Aptos in third, featuring market caps of $57.10 million and $52.60 million, respectively. In closing, Polygon and Optimism have the smallest share with $32.30 million and $26.20 million. Picks for you ...

BlackRock Spot Bitcoin ETF Records First Net Outflows Since May 1 As Bitcoin Drops Below $60K And ETFs Extend Outflow Streak

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BlackRock’s spot Bitcoin ETF (exchange-traded fund) recorded its first net outflow since May 1 yesterday as the 12 BTC funds extended their negative flow streak to 3 days and the leading crypto dropped below $60K. BlackRock’s IBIT, which is the largest spot Bitcoin ETF by net assets, recorded $13.51 million in net outflows on Aug. 29, according to data from SosoValue. ARKB The Only Spot Bitcoin ETF To Record Net Inflows Yesterday Capital continued to flow out of Grayscale’s GBTC after $22.86 million left the fund’s reserves on Aug. 29. Similarly, Fidelity’s FBTC suffered net outflows of $31.11 million, while Bitwise’s BITB and Valkyrie’s BRRR posted respective outflows of $8.09 million and $1.68 million. The only spot Bitcoin ETF that recorded net inflows yesterday was Ark and 21Shares’ ARKB. This is after investors poured $5.34 million into the fund.  In addition to the net outflows, the funds also saw their collective tradi...

BlackRock Calls Bitcoin the 'Most Widely Adopted' Digital Asset

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In a recent video discussing the asset, BlackRock has called Bitcoin “the most widely adopted digital asset in the world.” The asset management firm’s US Head of Thematics and Alternative ETFs, Jay Jacobs, noted the cryptocurrency’s immense status and promise in a video published this week. BlackRock was one of the most prominent firms to be greenlit to issue the United States inaugural Spot Bitcoin ETF products. Since its arrival in early January, it has proven to be a massive success, driving the overall digital asset industry forward. JUST IN: BlackRock says "#Bitcoin is the most widely adopted digital asset in the world." pic.twitter.com/6iCcH2riAE — Watcher.Guru (@WatcherGuru) April 17, 2024 Also Read: BlackRock Launches Bitcoin ETF Ads on Bloomberg’s Homepage BlackRock Calls Bitcoin “Most Widely Adopted” Cryptocurrency The digital asset market observed a landmark event at the start of the year when the US Se...

Spot Bitcoin ETFs net inflow approaches $3b

Net inflow s into spot Bitcoin (BTC) ETFs on the fourth day after launch approached $3 billion. According to BitMEX Research data released on Jan. 18, 4-day net inflow s into Bitcoin spot ETFs (excluding GBTC) totaled $2.9 billion. Among these 11 ETFs, BlackRock, Fidelity, and Bitwise eclipsed the list of inflow s, ranking among the top three ETF service providers in the trade sphere. The Fund received $1.085 billion, $884 million, and $375, respectively. Cointucky Derby – Day 4 Flow – CHART After 4 days of spot Bitcoin ETFs. There is over $2.9 billion of total inflow (excluding GBTC) The top three providers after four days by inflow : 1. Blackrock $1,085m 2. Fidelity $884m 3. Bitwise $375m Still waiting for GBTC day 4… pic.twitter.com/Q8bBiVN0nM — BitMEX Research (@BitMEXResearch) January 18, 2024 At the same time, according to another report published later, in four days, the GBTC fund attracted $458 million and $1.6 billion of outflow. Bitcoin Spot ETFs ...

Shark Tank’s Kevin O’Leary: Bitcoin ETFs have zero value to me

Kevin O’Leary, renowned investor and star of the TV show “Shark Tank,” has doubts about Bitcoin (BTC) exchange-traded fund (ETF) investments. While spot Bitcoin ETFs are viewed as a milestone for the U.S. crypto industry, O’Leary sees little value in participating in the frenzy. In a recent statement on Fox Business, O’Leary emphasized his position as a long-term Bitcoin holder and expressed skepticism about investing in BTC ETFs. He argued against purchasing ETFs, stating that as a purist and just holding Bitcoin for the long term, he would never buy an ETF, as It is completely unnecessary, and they add no value to him.   One of his concerns is about the fees imposed by ETF issuers, which he perceives as lacking value for a long-term Bitcoin investor like himself. O’Leary also expressed doubt about the survival of all 11 recently approved Bitcoin ETFs by the SEC, anticipating that only a select few, notably those backed by industry giants like ...

BlackRock designates JPMorgan, Jane Street as Bitcoin ETF authorized participants

BlackRock disclosed JPMorgan Securities and Jane Street as intended participants for its proposed Bitcoin ETF before the SEC decision. The asset management giant is set to collaborate with the participants , pending approval from the Securities and Exchange Commission (SEC). Authorized participants play a crucial role in ETF operations, as they can create and redeem shares. This involves exchanging ETF shares for a corresponding basket of securities mirroring the fund’s holdings or opting for a cash exchange. The disclosure of these authorized participants is considered a pivotal step before the SEC decides. JPMorgan CEO Jamie Dimon has previously advocated for a government ban on cryptocurrencies, citing concerns about their legitimacy. But with JPMorgan being an intended participant in the Bitcoin ETF, Dimon’s words contradict his previous statements. Jamie Dimon says Bitcoin should be banned. Now his bank JP Morgan has been named as an ‘Authorised Participant’ on Bl...

Top Analyst Shares Mind Blowing Bitcoin (BTC) Price Target

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Willy Woo Eyes Bitcoin Price Around $310K Willy Woo was tagged by a Twitter user Lynn Brewer who wants the analyst’s take on the influence of BlackRock, Fidelity and the major asset managers injecting 5% of their Assets Under Management (AUM) into Bitcoin. advertisement For reference, BlackRock has over $9 trillion in AUM and just 1% of this amount is $90 billion and when all the AUMs quoted are summed up, it may exceed the current BTC holdings on exchanges. In his response, Willy Woo said his calculations placed the estimated price of Bitcoin if the described event were to play out at approximately $310,000. While it remains unclear the metrics Willy used to arrive at this target, it resonates with the wider forecast from top industry veterans across the board. What would price do if these guys put 5% of AUM into BTC? Recommended Articles Crypto Presale Pro...

US House Chair Supports BlackRock Bitcoin ETF, Schedules SEC Oversight Hearings

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Patrick McHenry said he will closely watch the US SEC’s response to spot Bitcoin ETF filing by financial services giant BlackRock’s iShares. advertisement Your move, @GaryGensler. The @SECGov must not pick winners and losers based on inconsistent factors. I'll be watching this closely. https://t.co/iKPiQgPwQU — Patrick McHenry (@PatrickMcHenry) June 15, 2023 Recommended Articles Crypto Presale Projects For 2023 To Invest; Updated List Must Read Best Crypto Exchange Affiliate Programs In 2023 Must Read Top Crypto Marketing Firms / Agencies 2023; Here’s Best Picks [Updated] Must Read ...