IBIT surpasses Deribit as largest Bitcoin options venue
IBIT surpasses Deribit with $38B in Bitcoin options open interest, reshaping crypto markets. Wall Street’s rise in Bitcoin options brings tighter spreads, deeper liquidity, and less volatility. Deribit, now owned…
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 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.…
BlackRock’s IBIT flips Grayscale’s GBTC to become world’s largest Bitcoin ETF
BlackRock’s IBIT has flipped Grayscale’s GBTC in Bitcoin ETF holdings. IBIT holdings have surged to 288,670 BTC compared to 287,450 for GBTC. One of the top Bitcoin news headlines today…
BlackRock’s IBIT nears $20 billion in assets as Bitcoin eyes new ATH
BlackRock’s spot Bitcoin ETF (IBIT) is near $20 billion in assets, currently in top 3% among all ETFs. IBIT and FBTC have recorded 59 days of inflows – a streak…
Bitcoin hits $54,900 as BlackRock’s IBIT trades $1B
Bitcoin hits $54,900 for first time since 2021 as BlackRock’s IBIT trades $1 billion shares. BTC price is rising amid analyst predictions for a halving explosion. Bitcoin is eyeing a…
BTC surges as BlackRock’s IBIT trades $7.5M shares in first 10 minutes
Bitcoin (BTC) price surged to above $48,000 again on Thursday as spot Bitcoin ETFs made their market debut following SEC’s approval on January 10, 2024. BlackRock’s Bitcoin ETF ($IBIT) traded…