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After the U.S. investment advisor Vanguard chose not to offer spot bitcoin exchange-traded funds (ETFs), its CEO Tim Buckley, in a recent discussion, described bitcoin as a speculative asset, unfit…
Two U.S. senators have urged U.S. Securities and Exchange Commission (SEC) Chairman Gary Gensler to refrain from approving additional crypto exchange-traded fund (ETF) applications. The lawmakers cautioned: “However vulnerable bitcoin…
Blackrock, the world’s largest asset manager, has hit a significant milestone with its spot bitcoin exchange-traded fund (ETF), the Ishares Bitcoin Trust (IBIT). The fund’s crypto holdings have reached nearly…
Blackrock’s spot bitcoin exchange-traded fund (ETF), the Ishares Bitcoin Trust (IBIT), has broken its record for the largest single-day bitcoin purchase since its launch. The world’s largest asset manager’s spot…
Ten spot bitcoin exchange-traded funds (ETFs) shattered their trading volume record on Tuesday, reaching a staggering $10 billion. Blackrock’s Ishares Bitcoin Trust (IBIT) continues to dominate, surpassing $11 billion in…
Blackrock’s spot bitcoin exchange-traded fund (ETF), the Ishares Bitcoin Trust (IBIT), single-handedly offset Grayscale’s bitcoin ETF outflow of $600 million on Thursday. Blackrock’s bitcoin ETF has broken both its trading…
Bank of America’s Merrill Lynch and Wells Fargo’s wealth management arm have reportedly begun offering some clients access to spot bitcoin exchange-traded funds (ETFs). Other investment platforms that offer some…
Ten new U.S. spot bitcoin exchange-traded funds (ETFs) have shattered both inflow and trading volume records. The 10 funds took in $673.4 million, with Blackrock’s Ishares Bitcoin Trust (IBIT) accounting…
The chief executive of Bitwise Asset Management expects the price of bitcoin to hit $250,000 sooner than most people would imagine. Moreover, he believes that bitcoin is going to eat…
Carson Group, an investment platform with $30 billion in assets under management, has reportedly approved four spot bitcoin exchange-traded funds (ETFs) on its platform. The approved funds include Blackrock’s Ishares…