Thu, November 14

BlackRock IBIT Breaks Volume Records Amid Trump’s Win

The victory of Donald Trump in the U.S. presidential election race has impacted the broader financial markets. Particularly, the cryptocurrency market and the related investment products.  With Bitcoin (BTC) surging past $76K, the US spot Bitcoin ETFs have witnessed an escalation in trading volumes and inflows. Notably, BlackRock’s Bitcoin ETF,

November 7, 2024 2 mins read

Emory University Invests Over $15M in Grayscale Bitcoin Mini ETF

Emory University recently reported a notable $15 million investment in the Grayscale Bitcoin Mini ETF, marking it as the first American university to publicly disclose Bitcoin holdings. According to filings with the U.S. Securities and Exchange Commission (SEC) dated October 25, Emory held 2,678,906 shares in the ETF, valued at

October 26, 2024 2 mins read

BlackRock Surpasses $11.5 Trillion in Assets Amid Record Inflows

BlackRock, the world’s largest asset manager, has reached a remarkable milestone, now overseeing $11.5 trillion in assets under management. This marks the third consecutive quarter of record-breaking growth for the firm, solidifying its status as a leader in the financial industry. In the last quarter alone, BlackRock attracted $160 billion

October 11, 2024 1 min read

Thai SEC Proposes New Regulations for Fund Investments in Crypto Assets

The Thai Securities and Exchange Commission (SEC) has proposed updating investment regulations to allow mutual and private funds to invest in crypto assets. This comes as the country sees growing interest in cryptocurrency, especially with more institutional players getting involved. The draft proposal released by the Thai SEC on Oct

October 10, 2024 2 mins read

How the Bitcoin ETF Changed BTC for the Better 

It’s been less than a year, and yet it’s hard to remember Bitcoin without a spot ETF. Just as Bitcoin before the advent of stablecoins, centralized exchanges, or block explorers, is hard to fathom now, the pre-ETF times feel dark and distant. Bitcoin didn’t need the SEC to rubber stamp

October 9, 2024 4 mins read

Franklin Templeton Proposes Bitcoin and Ethereum Index ETF

Franklin Templeton, a trillion-dollar asset management firm, submitted a proposal to the U.S. Securities and Exchange Commission (SEC) for a Bitcoin and Ethereum index exchange-traded fund (ETF). This fund, known as the Franklin Templeton Bitcoin & Ethereum Crypto Index ETF, aims to provide investors with a combined exposure to both

October 3, 2024 2 mins read

Will Bitcoin Price Fluctuations Settle Soon?

Bitcoin price movement has drawn significant attention from traders over the past month, with many anticipating a recovery. However, the cryptocurrency has struggled to break through the $60,000 resistance zone. Since the start of September, Bitcoin price fluctuations have remained between $55,500 to $58,000. In the past 24 hours, BTC

September 5, 2024 2 mins read

Jersey City to Invest Pension Fund in Bitcoin ETFs

Jersey City Mayor Steven Fulop has announced a plan to allocate a portion of the city’s pension fund to Bitcoin exchange-traded funds (ETFs). This move revealed in a social media post on July 25, signals a significant shift in the city’s financial strategy for including cryptocurrencies. Currently, the Jersey City

July 26, 2024 2 mins read

Hong Kong Hits New Milestone with Bitcoin Inverse ETF Launch

Chinese capital Hong Kong announced the launch of a new ETF product on Monday. After its recent launch of spot Bitcoin and Ethereum ETFs, Hong Kong recently announced the launch of an inverse Bitcoin ETF. The capital, in the past few months, has been focusing on developing its cryptocurrency sector

July 22, 2024 2 mins read

BlackRock Hits Record $10.6 Trillion in Assets Fueled by ETF Flows

BlackRock, the world’s largest asset manager, has reported a strong performance in the second quarter with assets under management (AUM) climbing to a staggering $10.6 trillion. This marks a nearly 13% increase from the previous year. Further, earnings per share (EPS) also saw growth, rising to $9.99 from $9.06, while

July 15, 2024 1 min read