Grayscale Bitcoin Trust (GBTC), the world’s largest cryptocurrency investment vehicle, has experienced a notable influx of investor funds for the first time since the January approval of US spot Bitcoin exchange-traded funds (ETFs). Grayscale Bitcoin Trust Bounces Back With Inflows Data compiled by Bloomberg reveals that on May 3, Grayscale’s Bitcoin Trust received approximately $63 […]
With over $10 trillion under its management, asset management firm BlackRock has led a $47 million investment in Securitize, a prominent player in the tokenization space. BlackRock’s Investment Boosts In The Tokenization Space As announced on Wednesday, notable participants in the funding round include investment firm Hamilton Lane, financial technology company Tradeweb Markets, and asset […]
In response to the global demand for Bitcoin-related products, Brazil has seized the opportunity to capitalize on the momentum surrounding the leading cryptocurrency. According to a Reuters report, Brazilian exchange operator B3 announced on Thursday that it has received approval from Brazil’s securities regulator to offer Bitcoin futures trading, which is expected to begin on […]
Amidst growing concerns of illicit activities involving cryptocurrencies, reports have emerged linking North Korean hackers associated with the notorious Lazarus Group to an exploit of Ethereum (ETH) through the virtual currency mixer Tornado Cash. It is alleged that the hackers are now involved in a transfer to BlackRock, the largest asset management firm, as claimed […]
Since the approval of Spot Bitcoin ETFs, speculations about the potential for an XRP Spot ETF continue to grow in the crypto community. However, recent reports have suggested a lack of clear prospects for an XRP ETF in the future. Notably, Charles Gasparino, an American journalist and senior correspondent at Fox Business has revealed that […]
BlackRock CEO Links Bitcoin To Gold, Eyes Potential Ethereum Spot ETF | Bitcoinist.com
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In a significant development for the cryptocurrency market, the long-awaited Bitcoin (BTC) exchange-traded funds (ETFs) have finally received approval from the US Securities and Exchange Commission (SEC). BlackRock CEO Larry Fink, a seasoned veteran in the financial industry, has made noteworthy statements regarding BTC while also expressing interest in an Ethereum (ETH) spot ETF. Ethereum […]
Bloomberg Analyst James Seyffart recently confirmed that the asset manager BlackRock had met with the Securities Exchange and Commission (SEC). The analyst also provided insights as to what the meeting was about, as many continue to speculate that approval may be near. In a post on his X (formerly Twitter) platform, Seyffart confirmed that BlackRock […]
The Delaware authorities have taken over the case involving the false BlackRock XRP ETF filing which appeared on the Delaware’s Department of State Division of Corporations on Monday. Authorities Probe Blackrock XRP ETF Legitimacy Amidst the excitement surrounding the introduction of ETFs into the crypto market, concerns have also been raised about the existence of […]
Ethereum (ETH), the second-largest cryptocurrency by market capitalization, has witnessed a remarkable surge of 7.4% in the past 24 hours, reaching $2,023 since April 2023. This surge in Ethereum’s value closely mirrors the recent upward movement of Bitcoin (BTC). It coincides with reports indicating that BlackRock, a renowned asset manager overseeing $9 trillion in assets, […]
The cryptocurrency industry is abuzz with excitement and speculation as the long-awaited approval of the first-ever Bitcoin spot exchange-traded fund (ETF) in the United States draws closer. With the potential to significantly impact BTC’s price and market capitalization, industry experts and enthusiasts eagerly await the decision of the US Securities and Exchange Commission (SEC). Bitcoin […]