IBIT

Stanford’s Blyth Fund Invests 7% Portfolio in Bitcoin
Bitcoin

Stanford’s Blyth Fund Invests 7% Portfolio in Bitcoin

Stanford University’s student-run Blyth Fund has made a major investment in Bitcoin, allocating almost 7% of its portfolio to Bitcoin. Kole Lee, a Computer Science Major and a prominent figure in the Stanford Blockchain Club announced the decision on March 5. This followed his compelling pitch to the fund in February. Stanford Endowment has bought […]

Mar. 5, 2024
BlackRock’s IBIT Bitcoin ETF Suppresses $2B AUM in Just Ten Days
Bitcoin

BlackRock’s IBIT Bitcoin ETF Suppresses $2B AUM in Just Ten Days

BlackRock’s iShares Bitcoin ETF (IBIT) has become the first of the recently launched spot Bitcoin ETFs to reach an impressive $2 billion in assets under management (AUM) in just 10 days of trading, as reported by Bloomberg Terminal data. BlackRock currently holds approximately 50,000 BTC through its ETF, making it one of the major holders […]

Jan. 27, 2024