Blackrock’s IBIT is a good Bitcoin ETF
Leading Bloomberg analyst Eric Balchunas said Monday that Blackrock’s iShares Bitcoin Trust ETF IBIT could surpass SPDR S&P 500 ETF Trust SPY to become the world’s top exchange-traded fund ...
BlackRock’s Nasdaq-listed IBIT ... Grayscale’s GBTC was the only other ETF with outflows at $23 million. Bitcoin trades just under $97,000 at writing time, up 1.5% in the past 24 hours.
Investors yanked a net $333 million from BlackRock’s iShares Bitcoin Trust ETF (IBIT) on Jan. 2, the most withdrawn from the record-breaking fund since its launch. The fund also suffered a third ...
Options contracts on BlackRock’s spot Bitcoin exchange-traded fund (ETF), the iShares Bitcoin Trust ETF (IBIT), saw almost $2 billion in total exposure traded, which may have helped push ...
“If every ETF issuer must wait for BlackRock to take the lead, we risk losing innovation and consumer choice,” Sigel added. Among a crowded field of spot-Bitcoin ETFs, IBIT stands ou ...
What Happened: Bitcoin ETFs alone saw $987 million in net inflows, with Fidelity 's FBTC -1.29% + Free Alerts leading at $370 ...
BlackRock’s Bitcoin exchange-traded fund (ETF) saw its largest-ever single-day outflow as Bitcoin funds notched a fourth straight trading day of outflows totaling more than $1.5 billion.
The cryptocurrency market had a huge year in 2024, and BlackRock’s iShares Bitcoin Trust (IBIT) was right at the center of it ...