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Ibit

All articles tagged with #ibit

Hedge Rush: IBIT Options Surge as Bitcoin Sells Off
markets27 days ago

Hedge Rush: IBIT Options Surge as Bitcoin Sells Off

During Thursday’s sharp Bitcoin sell-off, BlackRock’s iShares Bitcoin Trust ETF (IBIT) saw a record surge in options trading—about 2.33 million contracts with roughly $900 million in premiums—primarily in puts versus calls, suggesting investors were hedging downside risk rather than selling the ETF. IBIT traded around $39.68 after a nearly 10% intraday gain, though the ETF remains down around 31% in the last month and 34% in 2025 as Bitcoin’s volatility persists; Friday’s rebound followed the drop and kept IBIT under close watch as institutional positioning in Bitcoin grows through the ETF’s options market.

BlackRock's IBIT Records $10B Trade Day as Institutions Flee Bitcoin ETF
market-news28 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.

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.

"BlackRock's Bitcoin ETF Acquires 12.6K BTC Amid Market Turmoil"
cryptocurrency2 years ago

"BlackRock's Bitcoin ETF Acquires 12.6K BTC Amid Market Turmoil"

BlackRock's iShares Bitcoin ETF (IBIT) acquired a record 12,600 bitcoin worth over $778 million on Tuesday, surpassing previous daily highs and recording trading volumes of more than 107 million shares. The big inflows came as bitcoin hit a new all-time high of $69,000 before sharply reversing, prompting a modest recovery to the $63,000 area late in the U.S. trading day. The BlackRock ETF now holds more than 183,000 bitcoin, making it the most popular bitcoin ETF with assets under management of about $12 billion, followed by Fidelity’s FBTC at $7.2 billion. Overall, ETF volumes broke the $10 billion mark, with bitcoin trading just under $66,000 as of U.S. morning hours on Wednesday.

BlackRock's Bitcoin ETF Prepares for Launch with SEC-Approved Changes
cryptocurrency2 years ago

BlackRock's Bitcoin ETF Prepares for Launch with SEC-Approved Changes

BlackRock has made key changes to its iShares Bitcoin Trust ahead of its expected launch. The asset manager has chosen a new ticker, IBIT, for the ETF and the filing now reveals that the ETF will be cash-only, meaning new shares can only be created with cash, not Bitcoin. This change was likely made to address SEC concerns about in-kind creation, which would have allowed registered brokers to use Bitcoin. The move suggests that BlackRock is moving closer to obtaining approval for the first Bitcoin ETF in the US.