BlackRock’s crypto ETFs generate $260 million annual revenue
BlackRock crypto ETFs earn $260M, with $218M from Bitcoin and $42M from Ether products. Bitcoin ETF nears $85B AUM, holding 57.5% of US spot Bitcoin ETF market share. ETF inflows…
BlackRock’s Bitcoin ETF crosses 700,000 BTC, surpasses $75B in assets
IBIT now holds over 700,000 BTC, valued at approximately $75.5 billion at current prices. Since launching in January 2024, IBIT has become the dominant US spot Bitcoin ETF. It now…
What Is IBIT? A Guide to BlackRock’s Spot Bitcoin ETF
What Is IBIT (BlackRock’s Spot Bitcoin ETF)? IBIT stands for the iShares Bitcoin Trust, a product from BlackRock, a major investment firm, that enables investors to get exposure to Bitcoin…
BlackRock’s Bitcoin ETF options brings in nearly $2b in trade on day one
Bitcoin hit a record of more than $94,000 following the launch of options contracts on BlackRock’s IBIT 289,000 contracts were Calls and 65,000 were Puts, meaning investors were bullish on…
Elixir, Securitize launch DeFi vaults for BlackRock’s BUIDL
Elixir and Securitize have partnered to unlock $1 billion in tokenized real-world assets (RWA) to DeFi. The platforms have launched DeFi vaults for BlackRock’s BUIDL fund, with Elixir’s decentralized dollar…
BlackRock’s spot Bitcoin ETF hits $40 billion, sets new record in 211 days
BlackRock’s IBIT reached a new record in 211 days, surpassing iShares Core MSCI Emerging Markets ETF’s previous record of 1,253 days BlackRock’s new record comes two weeks after it hit…
BlackRock’s IBIT sets record $1.1 billion in daily inflows
IBIT’s new record comes as Bitcoin achieved a new all-time high of over $76,000 on November 7 Dary McGovern, COO of Bitcoin native Xapo Bank, said to CoinJournal that Bitcoin’s…
Bitcoin ETFs outperform Ether ETFs as BlackRock’s IBIT leads peers
Bitcoin ETFs have attracted $5B net inflows while Ether ETFs have seen $500M net outflows. BlackRock’s IBIT leads with over $224M in a single day, currently holding over 350,000 BTC.…
Aave Labs proposes to integrate BlackRock’s BUIDL into GHO Stability Module
Aave Labs proposes integrating BlackRock’s BUIDL with the GHO Stability Module. The update aims to enhance capital efficiency and expand real-world asset yield. BUIDL integration allows 1:1 USDC swaps, monthly…
BlackRock’s ETFs surpass Grayscale’s as Bitcoin Dogs prepares to list on three exchanges
Key takeaways BlackRock’s Bitcoin and Ether ETFs have over $21 billion in assets under management, surpassing longtime leader Grayscale. Bitcoin Dogs is set to list on three major exchanges on…