BlackRock
Grayscale’s Spot Bitcoin ETF Sees Record Low Outflows of $22M
On Feb. 26, Grayscale’s spot Bitcoin (BTC) exchange-traded fund (ETF) experienced its third consecutive trading day of declining net outflows, reaching a record low of $22.4 million. According to data from Farside Investor, GBTC had three back-to-back days of slowing net outflows on Feb. 22, 23, and 26. The week concluded on Feb. 23 with […]
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 […]
BlackRock Bitcoin ETF Gains Traction in SEC Talks
Blackrock, the world’s largest asset manager, has intensified discussions with the U.S. Securities and Exchange Commission (SEC) regarding its spot bitcoin exchange-traded fund (ETF) application. This marks the fourth meeting between Blackrock and the SEC, with SEC Chairman Gary Gensler signaling a renewed focus on spot bitcoin ETF filings. In a meeting memorandum dated Dec. […]
BlackRock Warns of Bitcoin Security Risk in SEC’s Crosshairs
BlackRock, the world’s largest asset manager and a frontrunner in the Bitcoin exchange-traded fund (ETF) race, has voiced concerns regarding the potential classification of Bitcoin as a security by the U.S. Securities and Exchange Commission (SEC). In an update to its ETF filing, BlackRock emphasized potential challenges if regulators deemed Bitcoin a security. The firm […]
Ethereum ETF Decision Deferred: SEC Extends Evaluation to 2024
The United States Securities and Exchange Commission (SEC) has delayed its verdict on the proposed Grayscale Ethereum Trust exchange-traded fund (ETF). This move, announced on December 5, grants the SEC additional time to assess a rule change allowing NYSE Arca to list and trade the Grayscale Ethereum Trust shares. They have set a new deadline […]
BlackRock Convenes with SEC on Bitcoin ETF Proposal
U.S. Securities and Exchange Commission folks met with Grayscale on November 20. The aim? Grayscale wants to put a Bitcoin ETF on the list. BlackRock and Nasdaq teams also talked with the U.S. Securities and Exchange Commission. What about? A new rule. It allows for a Bitcoin exchange-traded fund, or ETF, to be listed on […]
DonAlt: Bitcoin to Hit $60K with ETF Approval Hopes
Well-known crypto expert DonAlt has suggested an interesting theory. He predicts Bitcoin may skyrocket, pushing BTC/USD towards the powerful $60,000 mark. Always a strong Bitcoin advocate, DonAlt sees the currency making a “lightning” move. This could happen if and when a spot-based Bitcoin exchange-traded fund (ETF) gets the go-ahead. This idea has emerged amid a […]
Bitcoin Again Skyrockets To $35k, Amid Market Resilience & ETF Frenzy
Bitcoin has once again surged to a staggering $35,000, triggering a wave of renewed optimism among investors and market enthusiasts. The latest data from Santiment reveals that Bitcoin has clawed its way to a new 17-month high, marking a significant milestone for the cryptocurrency. 🥳 #Bitcoin scratched its way to a new 17-month high again today. […]
Spot Bitcoin ETF Approval In 2023: Novogratz’s Bold Prophecy Amidst SEC’s Shifting Stance
In a bold prediction, Mike Novogratz, the CEO and founder of Galaxy Digital, anticipates that the United States Securities and Exchange Commission (SEC) will approve a spot Bitcoin exchange-traded fund (ETF) within the year. Novogratz’s optimism stems from the changing tide in the SEC’s stance towards crypto ETFs. During an interview on CNBC Market Alert, […]