At a whopping $10.5 trillion, Blackrock, the biggest asset manager in the world, broke its previous record for assets under management (AUM). With its Ishares Bitcoin Trust (IBIT), which has accumulated around 270K bitcoins, this financial goliath also maintains its dominance in the US spot bitcoin exchange-traded fund field. IBIT Now Owns Almost 270K Bitcoins … Read more
Onchain measurements show that Ark Invest has multiple inscriptions in its spot bitcoin exchange-traded fund (ETF), including an Ordinal inscription worth at $27,900 from the “Bitcoin Puppet” digital collectible series. An Ordinal inscription from the “Speculum Aeternum” non-fungible token (NFT) collection is also present on Blackrock’s IBIT. Distinct NFT Inscriptions Are Held by Spot Bitcoin … Read more
With a trading volume of $10 billion, ten spot bitcoin exchange-traded funds (ETFs) broke their previous record on Tuesday. With more than 170,000 bitcoins under management (AUM) and over $11 billion in assets under management (AUM), Blackrock’s Ishares Bitcoin Trust (IBIT) is still in the lead. Record-High Volume Day for Bitcoin ETFs Spotted Exchange-traded funds … Read more
As the price of bitcoin surged on Monday, nine freshly created spot exchange-traded funds (ETFs) for the cryptocurrency smashed their all-time daily volume record. A Bloomberg ETF analyst stated, “It’s official…the new nine bitcoin ETFs have broken all-time volume record today with $2.4b,” adding that Blackrock’s Ishares Bitcoin Trust (IBIT) “went wild,” shattering its record … Read more
Reserves for Bitcoin ETFs Increase: Since the fund’s launch in January, more than 200,000 BTC valued at $9.56 billion have been gathered. Command of New ETFs More than 200,000 Bitcoin Spot bitcoin ETFs launched by Blackrock, Fidelity, Ark Invest, Bitwise, Invesco, Vaneck, Valkyrie, Franklin Templeton, and Wisdomtree have amassed sizable bitcoin (BTC) reserves over the … Read more