Bitcoin ETFs See $28.6M Inflows Following Days of Outflow
On September 9, the US spot Bitcoin exchange-traded funds (ETFs) experienced a net inflow of $28.6 million, deviating from the 8-day streak of outflows. BlackRock’s iShares Bitcoin Trust (IBIT) experienced its third-ever day of net outflows totaling $9.1 million. This is the smallest outflow on record, with the largest being $36.9 million on May 1 […]
US Regulators Conduct Heavy Investigation On Uniswap
US regulatory bodies are targeting crypto firms, including Uniswap; there is a delay in a decision on an eco Bitcoin ETF. A recent enforcement action in the United States has heightened the scrutiny of decentralized finance (DeFi) protocols, primarily within a regulatory gray zone. Regulators once more targeted the decentralized trading platform Uniswap for allegedly […]
BlackRock’s Bitcoin ETF Sees Second-Ever Outflow of $13.5M
BlackRock’s Bitcoin ETF has experienced its second-ever day of outflows as the price of Bitcoin slipped below $59,000. BlackRock’s iShares Bitcoin Trust (IBIT) exchange-traded fund (ETF) has experienced its second outflow since its launch in January. The IBIT ETF recorded a net outflow of $13.5 million on August 29, which marks its second outflow since it […]
BlackRock Adds 4,000 Bitcoin ETF Shares To Global Bond Fund
In response to the increasing institutional interest, BlackRock has increased its Strategic Global Bond Fund holdings by 4,000 Bitcoin ETF shares, bringing the total to 16,000. BlackRock has disclosed an updated Strategic Global Bond Fund portfolio, which indicates a substantial increase in its Bitcoin ETF Shares. The fund’s iShares Bitcoin Trust (IBIT) holdings increased from […]
Bitwise Reveals Large RIA Investments in BTC & ETH ETFs
Bitwise’s Bitcoin and Ethereum ETFs received significant investment from a large RIA, indicating growing institutional interest in crypto ETFs. Bitwise, a notable crypto ETF issuer, has seen substantial investment in its Bitcoin and Ethereum ETFs from a major Registered Investment Advisor (RIA). This reflects a broader trend of increased institutional engagement with crypto ETFs. Bitwise Bitcoin […]