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BlackRock’s Bitcoin ETF surges
BlackRock’s Bitcoin ETF surges as investors flock to spot products
BlackRock’s Bitcoin ETF received more than $1.05 b in the past five trading days as investors continue to show more interest in the spot products.
BlackRock's ETF chief says 75% of its bitcoin buyers are crypto fans new to Wall Street
In the last five trading days, spot bitcoin ETFs have seen net inflows of more than $2.1 billion, with BlackRock accounting for half of those sales. Of the 80% of direct investors buying IBIT, BlackRock's chief investment officer of ETFs and index investments says 75% had never before owned an iShare.
Billionaires Are Buying a BlackRock Index Fund That Could Soar Up to 73,000%, According to Wall Street Experts
Wood believes institutional investors will allocate about $6 trillion to Bitcoin by 2030, while Chhugani at Bernstein estimates a slightly more conservative $3 trillion by 2033. For context, spot Bitcoin ETFs have accumulated $63 billion in assets, which is about 1% of Wood's prediction and 2% of Chhugani's prediction.
Bitcoin 'Trump Trade' Returns as BlackRock's ETF Brings in Another $1 Billion
This week, BlackRock’s spot Bitcoin ETF has taken in over $1 billion alone, representing its sixth largest week of inflows on record based on partial-week data. But the trend isn’t limited to just the Wall Street titan’s product, Butterfill said, with notable inflows across those from several asset managers.
BlackRock’s Spot Bitcoin ETF Accumulates Over 1 Billion this Week
Impressively,7, BlackRock's IBIT amassed net inflows of $309 million, bringing the net US Bitcoin ETFs inflow to over $470 million.
Bitcoin ETFs hit $21 billion net inflows as weekly purchases top $2 billion
Record inflows into US-listed spot Bitcoin ETFs surpass $21 billion, led by the robust performance of BlackRock's iShares Bitcoin Trust.
BlackRock's Bitcoin ETF Gobbles Up $1B This Week, Fidelity Leads Among Ethereum ETFs With $31M
ETF has attracted over $1 billion in inflows this week alone, which has helped propel the apex crypto to a 10% seven-day gain. What Happened: According to data from SoSo Value, spot bitcoin ETFs in the
18h
‘$500 Billion In Three Weeks’—Tesla Billionaire Elon Musk Issues ‘Crazy’ Fed ‘Bankruptcy’ Warning After Sparking Bitcoin Price Panic
U.S. national debt has skyrocketed in recent years, crossing the $34 trillion mark at the beginning of 2024, largely due to ...
Benzinga.com
16h
Bitcoin, Ethereum, Dogecoin Stay Bullish On Friday: Watch This Key Catalyst Till November
One trader sees upcoming election as the primary driver in the short term. Cryptocurrency markets are trading higher as ...
3d
BlackRock nears holding 2% of Bitcoin's supply as institutional capital swells
Pantoja highlighted how institutions have already positioned themselves, mentioning that "MicroStrategy has accumulated ...
Crypto News Flash
1d
BlackRock CEO Larry Fink: Bitcoin Now Rivals Gold as a Top Asset Class – BTC Eyes New ATH
BlackRock CEO Larry Fink sees Bitcoin as a growing asset class, with record ETF inflows and predictions of Bitcoin reaching ...
AMBCrypto
3d
As BlackRock’s Bitcoin ETF grows, Larry Fink compares BTC to…
Seeing this surge, BlackRock CEO Larry Fink highlighted Bitcoin’s increasing legitimacy as an investment asset, suggesting it ...
cryptoglobe
1d
Analyst Explains What Could Drive Bitcoin’s Price ‘Above $500,000 Before the Decade Ends’
On 16 October 2024, Real Vision's Chief Crypto Analyst Jamie Coutts shared a bullish outlook for Bitcoin in light of growing ...
InvestorsHub on MSN
1d
Bitcoin ETFs Attract $458 Million; Swarm Tokenizes Gold on Bitcoin; Kraken Launches Interoperable kBTC Token
Bitcoin ETFs record $458 million in inflows on October 16 On October 16, 2024, Bitcoin ETFs recorded $458.54 million in net ...
coinspeaker
1d
Spot Bitcoin ETFs See Fourth Straight Day Inflow with $459M Recorded on Wednesday
Institutional interest in Bitcoin ETFs intensified, driven by BlackRock's IBIT fund, which has reported nearly $400 million ...
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