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Bitcoin Etf

All articles tagged with #bitcoin etf

BlackRock's IBIT Records $10B Trade Day as Institutions Flee Bitcoin ETF
market-news21 days ago

BlackRock's IBIT Records $10B Trade Day as Institutions Flee Bitcoin ETF

BlackRock’s IBIT Bitcoin ETF shattered trading records with over 284 million shares traded—about $10 billion in value—in a session during which the price fell roughly 13% to under $35, signaling a 27% year-to-date loss. The day also saw about $175 million in redemptions and a surge in put activity, suggesting institutional capitulation, though some analysts see potential for a local bottom if panic subsides, even as the path to recovery could be slow.

via TipRanks|
#bitcoin-etf#blackrock#capitulation
Figma Files for IPO, Prepares for NYSE Debut
business8 months ago

Figma Files for IPO, Prepares for NYSE Debut

Figma, preparing for its NYSE debut under the ticker 'FIG.', disclosed a $55 million investment in a Bitcoin ETF managed by Bitwise, marking a surprising move into digital assets for the design software company. Despite Bitcoin's volatility, Figma plans to increase its holdings using stablecoins, reflecting a strategic shift as it aims to grow its financial position ahead of its public offering. The company reported strong revenue growth and a valuation of $12.5 billion, following the collapse of a planned acquisition by Adobe.

via Decrypt|
#bitcoin#bitcoin-etf#business
Cryptocurrency Markets Drop Amid Geopolitical Tensions and US-Iran Strikes
technology8 months ago

Cryptocurrency Markets Drop Amid Geopolitical Tensions and US-Iran Strikes

Major cryptocurrencies like ETH, ADA, and SOL declined over 1% amid escalating Middle East tensions and fears of U.S. military action against Iran, prompting a flight to safety into Bitcoin and stablecoins. Despite ETF inflows and a relatively stable year-to-date performance, market uncertainty persists due to geopolitical risks and inflation concerns highlighted by the Federal Reserve.

via CoinDesk|
#bitcoin-etf#cryptocurrency#inflation
BlackRock’s Bitcoin ETF Rapidly Surpasses $70B, Setting Record Pace
business8 months ago

BlackRock’s Bitcoin ETF Rapidly Surpasses $70B, Setting Record Pace

BlackRock’s IBIT Bitcoin ETF became the fastest to surpass $70 billion in assets, reaching this milestone in just 341 days, making it the largest institutional Bitcoin holder with over 661,000 BTC. The ETF's rapid growth reflects strong market confidence and increasing institutional adoption, with notable investments and institutional interest, positioning it as a dominant player in the crypto investment space.

via AMBCrypto|
#aum#bitcoin-etf#blackrock
BlackRock's Bitcoin ETF Surpasses Gold Fund Amid Crypto Surge
finance1 year ago

BlackRock's Bitcoin ETF Surpasses Gold Fund Amid Crypto Surge

BlackRock's iShares Bitcoin Trust ETF has surpassed its iShares Gold ETF in net assets, reaching $33.17 billion compared to the gold fund's $32.96 billion. This milestone comes amid surging investor interest, particularly following Donald Trump's re-election, which has boosted market confidence in cryptocurrencies. The Bitcoin ETF saw a record daily inflow of $1.12 billion, highlighting its dominance among spot Bitcoin ETFs, with BlackRock's fund holding over 1 million BTC.

via Decrypt|
#bitcoin-etf#blackrock#cryptocurrency
Sen. Lummis Teases Self-Custody Plans in Crypto Regulation
cryptocurrency-regulation1 year ago

Sen. Lummis Teases Self-Custody Plans in Crypto Regulation

Senator Cynthia Lummis is advocating for self-custody of crypto assets, challenging centralized custody practices. She emphasizes property rights as fundamental to decentralization and censorship resistance. The SEC's recent approval of Bitcoin and Ethereum ETFs indicates a positive shift in US crypto regulation, potentially paving the way for self-custodial regulations.

via CoinGape|
#bitcoin-etf#crypto-regulation#cryptocurrency-regulation