Last week, prices for BlackRock's spot bitcoin (BTC) exchange-traded fund (ETF) declined over 11%, with volumes reaching the highest since
Investors in BlackRock iShares Bitcoin Trust pulled out a record $420 million from the fund in a day as Bitcoin sunk to yearly lows. BlackRock’s spot Bitcoin ETF (IBIT) shed 5,0
BlackRock's iShares Bitcoin Trust (IBIT) saw record outflows of $418.1 million on Wednesday as bitcoin (BTC) dropped to around $82,000. All U.S. spot-listed exchange-traded funds saw a total outflow of $754.
BlackRock Inc. is adding a 1% to 2% allocation to the $48 billion iShares Bitcoin Trust ETF (ticker IBIT) in its target allocation portfolios that allow for alternatives, according to an investment outlook viewed by Bloomberg.
All eyes are on March 7th’s White House Crypto Summit as David Sacks hosts. MARA proposes six strategies, while BlackRock highlights Bitcoin’s scarcity.
"Unlike gold, to which Bitcoin is often compared, there’s no ability to meet excess demand with increased supply," BlackRock's analysts said.
The world’s largest asset manager BlackRock has added bitcoin into its $150 billion model-portfolio for the first
BlackRock has added a 1% to 2% allocation of the iShares Bitcoin Trust (IBIT) to its model portfolio that allows for alternative assets. This marks the first time BlackRock has in
BlackRock allocates up to 2% in Bitcoin via IBIT ETF, signaling institutional crypto adoption and boosting Bitcoin’s mainstream growth.
BlackRock, the world's largest asset manager, is including its Bitcoin ETF in a sliver of its Target Allocation with Alternatives portfolios.
The addition sounds risky at a time of cratering bitcoin prices, but the asset management titan says advisor demand is strong.
BlackRock is adding its Bitcoin ETF to its $150 billion model portfolio product, which may spark renewed interest in the ETF.
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