Tag: BlackRock
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Crypto News: JPMorgan IBIT Exposure Up 64% as Ethereum Allocation Shrinks
JPMorgan increases Bitcoin ETF exposure by 64%, holding 5.28M shares, while its Ethereum allocation drops to just 66 shares. JPMorgan Chase has sharply increased…
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Crypto News: BlackRock CEO Sees Booming Future in Tokenization
BlackRock CEO Larry Fink refers to tokenization as the next generation of opportunity, with a massive change of assets becoming digitized in traditional finance. In…
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BTC News: IBIT Bitcoin ETF Nears $100B Mark Becomes BlackRock’s Top Fund
BlackRock’s IBIT Bitcoin ETF reaches $244.5M in annual revenue, nearing $100B in assets just one year after launch. BlackRock’s iShares Bitcoin Trust (IBIT) has…
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BlackRock Now Owns 3.8% of Bitcoin Supply, Analyst Highlights ‘Extraordinary’ Implications
BlackRock now holds 3.8% of Bitcoin’s total supply, second only to Satoshi Nakamoto. IBIT has $87.7B in assets. BlackRock, the world’s largest asset manager,…
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Spot Ethereum ETFs See Largest Outflow Week Since Inception, Even as ETH Rebounds Above $4,000
Spot Ethereum ETFs faced $795M in outflows last week, marking a record, even as ETH surged back above $4,000. Spot Ethereum ETFs saw their largest…
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Ripple’s XRPL Enhances Programmability as BlackRock’s BUIDL Swap Gains Momentum
XRP trades near $2.87 after slight dip, RSI at 44.16 hints at possible rebound as XRPL upgrades boost DeFi and tokenization focus. Ripple’s XRP…
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BlackRock Ethereum ETF Records Massive 80,768 ETH Inflow Following Major Sell-Off
BlackRock Ethereum ETF sees a record 80,768 ETH inflow, while Ethereum gains 79.13% in 90 days despite short-term volatility. BlackRock Ethereum ETF (ETHA) has…
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BlackRock Invests $366M in Bitcoin After Dumping Ethereum
BlackRock reallocates $366M from Ethereum to Bitcoin as institutional demand for BTC increases, with Ethereum seeing $17M in outflows. BlackRock has sold Ethereum and…
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More Delays: SEC Delays Pushes Decisions On Solana, Truth Social and XRP crypto ETFs Forward
The SEC delayed decisions on Truth Social, Solana, and XRP crypto ETFs until October, making it a key month for approvals. The Securities and…
