BlackRock Updates Spot Ethereum ETF Filing with SEC
BlackRock updates its Spot Ethereum ETF application with the SEC, signaling potential approval. The largest asset manager in the world, BlackRock, has amended its 19b-4 form and submitted it to the US Securities and Exchange Commission (SEC) for its Spot Ethereum ETF application. This update indicates a possible move in the direction of approval and […]
BlackRock’s Bitcoin ETF Records First $0 Daily Inflow
BlackRock’s iShares Bitcoin Trust (IBIT) saw its first day with $0 inflows since its US debut in January. After consistently attracting millions daily, totaling nearly $15.5 billion in 71 days, the streak ended on April 24. The BlackRock iShares Bitcoin Trust (IBIT) has experienced its first day without inflows since January, when Bitcoin ETFs were […]
Hedera & Archax Tokenize BlackRock MMF Shares
Archax and The HBAR Foundation tokenize BlackRock’s US Treasury money market fund, bridging traditional finance and blockchain. Archax, a London-based broker, curator, and exchange for digital assets, has granted the BlackRock ICS US Treasury money market fund (MMF) access to its tokenization services. This endeavor, carried out in partnership with The HBAR Foundation, represents a […]
BlackRock Reports $10.5T AUM for Q1 2024
BlackRock’s report for the first quarter of 2024 shows a whooping $10.5T in assets under management (AUM), maintaining an upward trend. On April 12, 2024, BlackRock disclosed its financial outcomes for the initial quarter of 2024, detailing an unprecedented $10.5 trillion in assets under management (AUM), representing an increase of $1.4 trillion compared to the […]
BlackRock Adds 5 Wall Street Firms to Bitcoin ETF List
On April 5, global asset manager BlackRock added five major Wall Street firms to its Bitcoin exchange-traded fund (ETF) prospectus. The document modifies BlackRock’s S-1 registration statement with the US Securities and Exchange Commission. Its new members include ABN AMRO Clearing, Citadel Securities, Citigroup Global Markets, Goldman Sachs, and UBS Securities. Virtu Americas, Macquarie Capital, […]