Bitcoin has rocketed higher this year in large part due to BlackRock, the world's largest asset manager, putting its $10 trillion weight behind
BlackRock’s Bitcoin exchange-traded fund (ETF) has seen its largest-ever single-day outflow as Bitcoin funds notch a fourth straight trading day of outflows now totaling over $1.5 billion. BlackRock’s iShares Bitcoin Trust ETF (IBIT) hit $188.
BlackRock Bitcoin ETF (IBIT) records largest daily outflow of $188 million today. Early signs of Bitcoin price crash or buy dip opportunity?
New research from the world’s largest asset manager argues that Bitcoin offers unique benefits as a portfolio diversifier while sharing a similar risk profile to S&P 500 juggernauts like Google, Amazon,
Leading Bloomberg analyst Eric Balchunas said Monday that Blackrock’s iShares Bitcoin Trust ETF (NASDAQ:IBIT) could surpass SPDR S&P 500 ETF Trust (NYSE:SPY) to become the world’s top exchange-traded fund,
The world’s largest asset manager BlackRock released a video promoting Bitcoin. But hodlers aren’t happy about its disclaimer.
Bitcoin is a proof-of-work (PoW) system, not a proof-of-stake (PoS) system. It doesn't matter how much bitcoin BlackRock owns; economic nodes hold the real power.
Both Bitcoin derivatives and margin markets indicate bullish momentum, despite record outflows from BlackRock’s iShares Bitcoin Trust ETF (IBIT) on Dec. 24. Moreover, the resilience shown during the retest of the $92,458 level on Dec. 23 reinforces optimism about Bitcoin’s potential to reach $105,000 and beyond.
Israel is joining the Bitcoin funds market with six new products set to hit the market this month with BlackRock ETF tracking
BlackRock recommends that interested investors consider allocating as much as 2% of their portfolio to bitcoin, the world's largest cryptocurrency, the giant asset manager said in a report on Thursday.
From Texas's bold adoption plan to BlackRock's continued backing, bitcoin's solid performance and rising demand underscore its prominence in the digital asset space. Meanwhile, Riot faces pressure to pivot to AI,
That right there screams to me that Bitcoin is becoming recognized as a legit and established asset class in the eyes of the financial elite, and then eventually the mainstream.