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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…

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Coinbase CEO Denies Selling ‘Paper Bitcoin’ to BlackRock and cbBTC Claims

Coinbase founder and CEO Brian Armstrong has denied speculations that the company has sold paper Bitcoin to BlackRock without maintaining a 1:1 backing. The allegations have caused debate in the…

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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…

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$2 Billion Milestone Reached in Tokenized Treasury Bonds

The U.S. Treasury bond-backed token economy has recently crossed a significant milestone, now exceeding $2 billion in value. Among the various projects contributing to this total, Blackrock and Franklin Templeton’s…

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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,…

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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…

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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,…

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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…

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