
Three-Week Bloodbath: Global Crypto ETPs Face $3.8B Wipeout Following Market Correction
Global cryptocurrency exchange-traded products (ETPs) saw $2.9 billion in outflows last week led by Bitcoin, totaling over $3.8 billion across three weeks.
US online payments giant has announced collaboration with a venture company to help early-stage entrepreneurs solve major global issues.
Global cryptocurrency exchange-traded products (ETPs) saw $2.9 billion in outflows last week led by Bitcoin, totaling over $3.8 billion across three weeks.
BlackRock has expanded its crypto exposure by adding its iShares Bitcoin Trust (IBIT) to portfolio strategies that allow alternative investments, allocating 1-2% to Target Allocation models.
Bitcoin ETF products have now crossed the $750 billion in volume generated.
Abu Dhabi is now an indirect fund holder after Mubadala Investment bought over $436 million of IBIT.
BlackRock, the world’s largest asset manager, disclosed in a Schedule 13G filing that it now owns over 5% of Strategy (formerly MicroStrategy), totaling approximately 11.2 million shares.
BlackRock’s proposal for in-kind redemption on its spot Bitcoin ETF product is now under review
BlackRock’s move to launch a Bitcoin ETP in Europe signals growing confidence in crypto-based investment vehicles, marking its first offering outside the US and Canada.
BlackRock’s iShares Bitcoin Trust (IBIT) has seen significant inflows, acquiring over 11,000 BTC in the past week.
Bitcoin stands at the forefront of crypto adoption among 300 millions users, leading the pack as the world’s most widely adopted cryptoasset.
Global asset manager BlackRock introduces its Bitcoin ETF on Cboe Canada, marking a significant expansion of institutional crypto investment options in North America.
BlackRock Bitcoin ETF (IBIT) experienced its highest single-day outflow of $330 million while recording three consecutive days of outflows.
Frax Finance DAO is shifting the standards in the stablecoin market with frxUSD set to be backed by BlackRock’s BUIDL.
BlackRock Bitcoin ETF now ranks as the best launched product of all time.
The Frax community has shown overwhelming support for the motion, with early voting trends signaling unanimous approval for integrating BUIDL as a reserve asset.
Bitcoin developer Adam Back clarified that this legal fine print in the video reflects BlackRock’s lack of control over Bitcoin’s decentralized protocol.