Game-Changer For Bitcoin: Nasdaq Targets 1M Option Limit For BlackRock’s IBIT
Nasdaq’s options venue is moving to put BlackRock’s iShares Bitcoin Trust (IBIT) in the same risk tier as the largest, most liquid ETFs in traditional markets, with a new proposal to multiply the ceiling on IBIT options positions to 1 million contracts. According to a rule filing submitted to the US Securities and Exchange Commission […]
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Brevan Howard, one of the world’s leading alternative investment firms, has just become the largest institutional holder of BlackRock’s iShares Bitcoin Trust (IBIT). Launched on January 11, 2024, IBIT has quickly cemented itself as the world’s most traded Bitcoin ETF, boasting an AUM of $87.7B and a stellar 1-year return of 77.7%. With a NAV […]
Global banking behemoth JPMorgan Chase has disclosed its increased exposure to the world’s largest cryptocurrency through BlackRock’s spot Bitcoin exchange-traded fund (ETF), iShares Bitcoin Trust (IBIT). JPMorgan Held 5.2 Million IBIT At End Q3 In the latest 13-F filing with the United States Securities and Exchange Commission (SEC), JPMorgan disclosed its holding of 5,284,190 IBIT […]
Abu Dhabi’s sovereign wealth fund, Mubadala Investment Company, increased its exposure to crypto during the first quarter of 2025 through additional investment in BlackRock’s spot Bitcoin ETF. A recent filing with the US Securities and Exchange Commission (SEC) revealed that the fund added 491,439 shares of BlackRock’s iShares Bitcoin Trust (IBIT), raising its total holdings […]
Spot Bitcoin ETFs (exchange-traded funds) are one of the biggest narratives and have been a game-changer in the cryptocurrency space in the past two years. With these investment products, people get to participate in the cryptocurrency market without having to directly own the digital assets. Interestingly, one of the biggest winners—that often gets overlooked—has been the issuers, especially as the crypto industry has seen increased institutional adoption since the Bitcoin ETFs launched. According to the firm’s executive, the BTC exchange-traded funds becoming the major source of revenue....
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 […]