BlackRock Bitcoin ETF Acquires 5,805 BTC in 24 Hours
U.S. Bitcoin ETFs surged as BlackRock’s IBIT added $393.4 million in daily inflows, reaching $22.5 billion and surpassing competitors like Fidelity’s FBTC. This week, there has been a significant increase in demand for Bitcoin exchange-traded funds (ETFs) in the United States. BlackRock’s IBIT has reached a significant milestone, with total inflows topping $22.5 billion since […]
Securitize Launches USDC Conversions for BlackRock’s BUIDL
With the integration of Zero Hash, qualified investors can now effortlessly subscribe to BlackRock’s tokenized fund using the USDC stablecoin. Securitize, a platform for tokenizing real-world assets released an announcement that institutional investors could purchase the BlackRock USD Institutional Digital Liquidity Fund using USDC thanks to their collaboration with Zero Hash, a stablecoin infrastructure platform. […]
BlackRock & Metaplanet Buy Bitcoin Dips Amid Crypto Market Downturn
BlackRock and Metaplanet buy Bitcoin dips, capitalizing on current volatile market conditions as retail investors panic. The recent drop in Bitcoin’s price below $60,000 has caused concern in the market, leading to over $53 million in long liquidations over the past 24 hours. Despite the volatility, major players like BlackRock and Metaplanet have continued to buy […]
Ethena Labs Launches Stablecoin with BlackRock, Securitize
Following the announcement, Ethena labs token, ENA, surged by over 16%, with increased trading activity and open interest in futures. Ethena Labs announced on Thursday that it will create a stablecoin named UStb, with collateralization from BlackRock and Securitize. In addition to USDe, this will allow for a different fiat stablecoin product. Ethena Labs Announces […]
Blackrock Resumes Bitcoin Buying, $70K Breakout Next?
This move reflects BlackRock’s belief in the long-term potential of digital assets, particularly Bitcoin, which it views as a hedge. Following the purchase of an extra 529 Bitcoin and 2,420 Ethereum, BlackRock has boosted its exposure to the cryptocurrency market. BlackRock now possesses 359,606 Bitcoins, which are projected to be worth $22.82 billion, and 350,000 […]