The Abu Dhabi Investment Council (ADIC), which is part of Mubadala Investment Company, has significantly increased its exposure to Bitcoin, nearly tripling its holdings in BlackRock’s iShares Bitcoin Trust (IBIT) during the third quarter.
Read MoreThe Abu Dhabi Investment Council (ADIC), which is part of Mubadala Investment Company, has significantly increased its exposure to Bitcoin, nearly tripling its holdings in BlackRock’s iShares Bitcoin Trust (IBIT) during the third quarter.
Read MoreAs of November 14, U.S.-traded spot Bitcoin (BTC) exchange-traded funds (ETFs) collectively hold approximately 1.07 million BTC, a value nearing $96 billion at current market prices.
Read MoreOn November 6, 2024, the Bitcoin spot ETF market saw an unprecedented surge in capital inflows, with a total of $622 million flowing into various Bitcoin ETFs.
Read MoreOn November 5, the iShares Bitcoin Trust (IBIT) experienced its largest outflow since its inception, with a $44.2 million withdrawal.
Read MoreBlackRock, the world's largest asset manager, has intensified its Bitcoin (BTC) buying efforts, reportedly acquiring $2.4 billion worth of Bitcoin in recent days through its iShares Bitcoin Trust (IBIT).
Read MoreThe U.S. Securities and Exchange Commission (SEC) has approved a significant rule change, allowing Nasdaq’s International Securities Exchange (ISE) to list and trade options on the iShares Bitcoin Trust (IBIT), an exchange-traded fund (ETF) managed by BlackRock.
Read MoreBlackRock's income and bond-focused funds have acquired shares of the company's own spot Bitcoin ETF, as revealed by regulatory filings. In the first quarter, BlackRock’s Strategic Income Opportunities Fund (BSIIX) purchased $3.56 million worth of iShares Bitcoin Trust (IBIT) shares, while its Strategic Global Bond Fund (MAWIX) bought $485,000 worth, according to SEC filings dated May 28.
Read MoreThe State of Wisconsin Investment Board (SWIB) has entered the cryptocurrency market with a substantial investment of $99 million in BlackRock's Bitcoin ETFs, specifically iShares Bitcoin Trust (IBIT).
Read MoreInvestor apprehension regarding potential Federal Reserve interest rate reductions remains prevalent, as withdrawals from the Grayscale Bitcoin ETF (GBTC) resume. This trend indicates a cautious sentiment prevailing in the market.
Read MoreThe only spot Bitcoin fund in the US to have inflows on the first day of the week is BlackRock's Bitcoin exchange-traded fund (ETF); other ETFs have reported either withdrawals or zero inflows.
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