The SEC has approved the listing and trading of options on BlackRock's iShares Bitcoin Trust, marking a significant milestone for Bitcoin integration in traditional finance.
BlackRock released a new report explaining why Bitcoin is a unique portfolio diversifier detached from other assets. The world's largest asset manager continues embracing Bitcoin as adoption gains mainstream acceptance.
U.S. spot Bitcoin ETFs experienced significant outflows yesterday, totaling $287 million, with BlackRock being the only exception, reporting no withdrawals.
BlackRock's spot Bitcoin ETF saw its largest single-day inflow in over a month on Monday, taking in $224 million amid a slight Bitcoin pullback. The sizable injection extends an 8-day streak of net inflows into US spot Bitcoin ETFs.
US spot Bitcoin ETFs saw their sixth consecutive day of net inflows totalling around $65 million, highlighting growing mainstream institutional demand. BlackRock's IBIT led the day with $75.5 million in inflows.
Bitcoin spot ETFs saw their largest inflows in 2 weeks on Thursday, totaling $192.5M. The inflows helped push Bitcoin back above $60K after dipping below $50K earlier this week.