Cryptocurrency Market

  • Market Cap: $2,425,389,926,722.30
  • 24h Vol: $61,102,931,072.84
  • BTC Dominance: 56.53%

Blackrock

blackrock-amasses-$24-billion-in-bitcoin,-approaches-2%-of-total-supply

Blackrock Amasses $24 Billion in Bitcoin, Approaches 2% of Total Supply

From Jan. 11 to Sept. 26, 2024, Blackrock, the world’s largest asset manager, collected an astonishing 363,626.36 bitcoin, valued at just over $24 billion as of Sept. 27. This accumulation puts Blackrock’s exchange-traded fund (ETF), IBIT, on the cusp of controlling nearly 2% of bitcoin’s total supply. A Look at How Blackrock Quickly Accumulated Billions […]

Blackrock Amasses $24 Billion in Bitcoin, Approaches 2% of Total Supply Read More »

blackrock’s-head-of-crypto-sees-bitcoin-as-‘risk-off’-asset-despite-stock-correlation

Blackrock’s Head of Crypto Sees Bitcoin as ‘Risk Off’ Asset Despite Stock Correlation

Blackrock’s digital asset chief sees bitcoin as a “risk-off” asset even though it has shown a pattern aligned with U.S. stocks. He drew parallels between bitcoin and gold, pointing to its decentralized structure and limited supply as crucial factors setting it apart. Blackrock’s increasing engagement with bitcoin is also reflected in the strong performance of

Blackrock’s Head of Crypto Sees Bitcoin as ‘Risk Off’ Asset Despite Stock Correlation Read More »

blackrock’s-ishares-bitcoin-options-get-the-sec-green-light

Blackrock’s Ishares Bitcoin Options Get the SEC Green Light

The U.S. Securities and Exchange Commission (SEC) has granted approval for the listing and trading of options on the Ishares Bitcoin Trust (IBIT), a product by Blackrock. This decision introduces a new financial instrument aimed at providing investors with the ability to hedge and manage risk associated with bitcoin exposure. These options will be physically

Blackrock’s Ishares Bitcoin Options Get the SEC Green Light Read More »

etf-inflows-surge:-bitcoin-rakes-in-$158m,-ether-funds-add-$5m

ETF Inflows Surge: Bitcoin Rakes in $158M, Ether Funds Add $5M

According to the latest figures, bitcoin exchange-traded funds (ETFs) brought in $158.21 million in inflows on Thursday, while ether ETFs saw $5.24 million in deposits. Bitcoin, Ether ETFs Show Positive Inflows as Reserves Climb Leading the charge on Thursday, Ark Invest and 21shares’ ARKB fund attracted a hefty $81.07 million. Fidelity’s FBTC followed closely, reeling

ETF Inflows Surge: Bitcoin Rakes in $158M, Ether Funds Add $5M Read More »

bitcoin-emerges-as-a-‘unique-diversifier,’-says-blackrock’s-latest-report

Bitcoin Emerges as a ‘Unique Diversifier,’ Says Blackrock’s Latest Report

In a recent report, Blackrock, the largest digital asset manager, explores bitcoin’s role as a unique investment diversifier, highlighting its distinct risk and return factors compared to traditional assets. The financial institution’s report also discusses bitcoin’s growing appeal among institutional investors. Blackrock Report Sees Bitcoin as a Key Asset for Long-Term Portfolio Diversification Blackrock, the

Bitcoin Emerges as a ‘Unique Diversifier,’ Says Blackrock’s Latest Report Read More »

bitcoin-and-ethereum-etfs-record-$74-million-in-outflows,-grayscale-funds-lead-losses

Bitcoin and Ethereum ETFs Record $74 Million in Outflows, Grayscale Funds Lead Losses

On Sept. 4, 2024, the 12 U.S. spot bitcoin exchange-traded funds (ETFs) saw $37.29 million in outflows, while their ethereum counterparts, the nine spot ether ETFs, experienced roughly $37.51 million in reductions. Grayscale’s GBTC and ETHE Lead Withdrawals Both bitcoin and ethereum ETFs saw money flowing out on Wednesday, with nearly identical divestments. According to

Bitcoin and Ethereum ETFs Record $74 Million in Outflows, Grayscale Funds Lead Losses Read More »

us-bitcoin-etfs-see-$71.73m-in-outflows-as-5-funds-take-a-hit

US Bitcoin ETFs See $71.73M in Outflows as 5 Funds Take a Hit

On Thursday, the 12 U.S. spot bitcoin exchange-traded funds (ETFs) experienced $71.73 million in outflows, with reductions seen across five distinct funds. Notably, Grayscale’s ETHE led the spot ether ETFs, which faced $1.77 million in outflows, by losing $5.35 million. Bitcoin and Ether ETFs Face Outflows During the trading sessions on Aug. 29, the collective

US Bitcoin ETFs See $71.73M in Outflows as 5 Funds Take a Hit Read More »

us-bitcoin-etfs-surge-by-$202m-while-ethereum-etfs-bleed-$13m-in-outflows

US Bitcoin ETFs Surge by $202M While Ethereum ETFs Bleed $13M in Outflows

U.S. spot bitcoin exchange-traded funds (ETFs) saw inflows of $202.51 million on Monday, marking the eighth consecutive day of gains. In contrast, spot ethereum ETFs experienced a loss of $13.23 million during the same trading session. Bitcoin ETFs Enjoy 8th Straight Day of Inflows With $202M Boost On Aug. 26, the 12 spot bitcoin ETFs

US Bitcoin ETFs Surge by $202M While Ethereum ETFs Bleed $13M in Outflows Read More »

bitcoin-etfs-soar-with-$252m-influx,-ether-etfs-experience-another-day-of-losses

Bitcoin ETFs Soar With $252M Influx, Ether ETFs Experience Another Day of Losses

At the end of the day on Friday, U.S. spot bitcoin exchange-traded funds (ETFs) reported a substantial $252 million in net gains. In contrast, ether ETFs continued their downward trend, losing another $5.7 million. Bitcoin ETFs Shine with $252M Inflows; Ether Funds Dip by $5.7M Spot bitcoin ETFs achieved their highest inflow since late July,

Bitcoin ETFs Soar With $252M Influx, Ether ETFs Experience Another Day of Losses Read More »

us-bitcoin-etfs-thrive-with-$39m-boost,-ethereum-etfs-experience-$17m-decline

US Bitcoin ETFs Thrive With $39M Boost, Ethereum ETFs Experience $17M Decline

On Wednesday, U.S. spot bitcoin exchange-traded funds (ETFs) marked their fifth straight day of inflows, adding $39.42 million to their gains. Meanwhile, the spot ether ETFs experienced a dip, losing $17.97 million during the day’s trading. Spot Bitcoin ETFs See Fifth Day of Inflows, Ether ETFs Hit by $17M Outflows Collectively, the 12 spot bitcoin

US Bitcoin ETFs Thrive With $39M Boost, Ethereum ETFs Experience $17M Decline Read More »