BlackRock’s Bitcoin ETF is earning more in annual fees than the firm’s signature S&P 500 fund, despite having an expense ratio almost nine times higher. BlackRock, the world’s largest asset manager, is now earning more in annual fees from its spot Bitcoin exchange-traded fund than its flagship S&P 500 fund, according to a recent report.…
Read more
ETF analyst Eric Balchunas said he is “pretty sure this is how I voted,” amid the spot Bitcoin ETF posting a “massive” inflow day not seen since late January. BlackRock’s spot Bitcoin exchange-traded fund has been named the best new ETF product by etf.com, as it recorded its highest inflows since Jan. 21. On April…
Read more
BlackRock’s iShares Bitcoin Trust has just recorded its biggest single day outflow since launching in 2024. Investors in BlackRock iShares Bitcoin Trust pulled out a record $420 million from the fund in a day as Bitcoin sunk to yearly lows. BlackRock’s spot Bitcoin ETF (IBIT) shed 5,000 BTC on Feb. 26, its largest outflow to date,…
Read more
The in-kind redemption model is seen as a more efficient option for the spot Bitcoin ETF and should have been allowed from “the get-go,” says an ETF analyst. Nasdaq has submitted a filing on behalf of asset manager BlackRock, seeking a rule change to permit in-kind creation and redemption for its spot Bitcoin exchange-traded fund…
Read more
BlackRock’s Bitcoin ETF saw a record outflow on Christmas Eve amid a four-trading day outflow streak from US Bitcoin funds. 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. BlackRock’s iShares Bitcoin Trust ETF (IBIT) hit $188.7 million…
Read more
The significant daily inflow into BlackRock’s spot Ether ETF comes as Ether’s price has seen its biggest weekly gains since May 2024. BlackRock, the world’s largest asset manager, has seen the highest daily inflows into its spot Ether exchange-traded fund (ETF) in 94 days. BlackRock’s iShares Ethereum Trust ETF (ETHA) clocked $60.3 million in inflows…
Read more
ETF analyst Eric Balchunas said the outsized trading volume across BlackRock’s spot Bitcoin ETF is proof that investors are panic-buying Bitcoin as the asset nears an all-time high. Daily trading volume for BlackRock’s Bitcoin exchange-traded fund (IBIT), surged to $3.35 billion during the trading day of Oct. 29, its highest level in over six months.…
Read more
Out of 5,535 “newborn” ETFs that launched in the United States over the last 30 years, only two have acquired over $3 billion in assets in the first month. BlackRock and Fidelity’s spot Bitcoin exchange-traded funds have tallied more assets in their first month of trading than any ETF launched in the United States over…
Read more
Central issues: BlackRock had its third gathering with the SEC to examine the potential for a Bitcoin spot ETF. The Division of Exchanging and Markets and the Division of Corporate Money were associated with these gatherings. Different organizations, including Grayscale, Franklin, and Devotion, additionally met with the SEC to examine Bitcoin ETFs. BlackRock’s third gathering…
Read more
Exchange-traded fund analyst Eric Balchunas said the addition was “all part of the process” of a crypto ETF being listed and traded and a positive sign for SEC approval. The iShares spot Bitcoin trade exchanged reserve (ETF) proposed by venture company BlackRock has been recorded on the Storehouse Trust and Clearing Enterprise (DTCC), recommending expected…
Read more
