At the Token2049 conference in Dubai, BlackRock’s Head of Digital Assets Robert Mitchnick confirmed a renewal of capital into Bitcoin ETFs citing the growing perception of Bitcoin as a hedge in uncertain markets.
US spot Bitcoin ETFs recorded $591.3 million in net inflows on Monday, with BlackRock's IBIT leading at $970.9 million, while Bitcoin continues trading above $95,000 amid strong institutional demand.
Strategy Chairman Michael Saylor predicts BlackRock's Bitcoin ETF will become the world's largest ETF within a decade, as spot Bitcoin ETFs continue attracting significant inflows and Bitcoin breaks above $95,000.
BlackRock's iShares Bitcoin Trust (IBIT) recorded its largest daily inflow since January, as bitcoin surges above $92,000 amid improving macro conditions and renewed institutional interest.
U.S. spot Bitcoin ETFs recorded their largest single-day inflows since January's all-time high, with ARK's fund leading the charge as bitcoin breaks above $94,000.
U.S. spot Bitcoin ETFs recorded their strongest single-day performance since January, with ARK's fund leading inflows amid broader bitcoin market strength.
Asset management giant BlackRock has launched its first bitcoin product in Europe: a physically backed bitcoin exchange-traded product (ETP).
The iShares Bitcoin ETP started trading...
Nasdaq has proposed a new system for BlackRock's iShares Bitcoin ETF, allowing institutional investors to redeem shares directly for bitcoin instead of cash. This innovative model aims to streamline operations, cut costs, and reduce market impact, marking a significant step forward in the evolution of Bitcoin ETFs.