BlackRock Plans Tokenization as IBIT Surpasses $100B in AUM and $HYPER’s Pres...
Quick Facts: 1️⃣ BlackRock’s spot Bitcoin ETF IBIT surpassed $100B less than two years after its release on January 11, 2024. 2️⃣ Larry Fink announced a long-term plan to tokenize all assets, from funds to stocks and cash. 3️⃣ Fink argues that bubbles don’t impact long-term investors and that time in the market outweighs opportunistic […]
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According to market reports, BlackRock’s iShares Bitcoin Trust (IBIT) has climbed to the edge of a major milestone, with assets under management roughly between $98 billion and $100 billion. Related Reading: After Nearly $80 Billion In Bitcoin, Saylor Says It’s Time To Pause – For Now In just over a year since launch, the fund […]
Bitcoin may be taking a breather, but behind the scenes, the giants are quietly stacking chips. The latest move? BlackRock, the world’s biggest asset manager, has launched a physically backed spot Bitcoin ETP in Europe called iShares Bitcoin ETP. Yes, the same BlackRock whose IBIT fund in the US made waves as one of the […]
BlackRock’s iShares Bitcoin Trust (IBIT) has surpassed Coinbase’s Deribit platform, becoming the largest venue for Bitcoin options globally. Open interest in options tied to IBIT recently reached nearly $38B, compared to $32B on Deribit, according to a Bloomberg report. Deribit was founded in 2016 and has been the market leader for Bitcoin derivatives for the longest time. In contrast, launched only in November 2024, IBIT is relatively new to the options trading market. Its early and rapid adoption has turned heads in the crypto world. IBIT has had a remarkable growth since its....
Bloomberg analyst Eric Balchunas has highlighted how the BlackRock Bitcoin ETF (IBIT) has performed in comparison to the world’s largest asset manager’s older funds. This comes as the fund approaches the $100 billion milestone, which will make it the fastest to reach this milestone. BlackRock Bitcoin ETF Becomes Most Profitable Fund In an X post, […]
Bitcoin Hyper’s $14.6M+ presale could be Bitcoin’s ticket to mainstream success once the project releases and implements its long-awaited changes. Bitcoin Hyper ($HYPER) is set to be Bitcoin’s official Layer-2, and plans to free Bitcoin from its performance limitation of just seven transactions per second (TPS). Little wonder, then, that whales have been sniffing around […]