It is the first time that BlackRock has issued a recommendation of this style on exposure to BTC. At BlackRock they believe that, if BTC is widely adopted, “it could be less risky.” BlackRock, the world’s largest asset manager, recommended an exposure of up to 2% in bitcoin (BTC). This is the first time that … Read more
Investments in ETFs have been massive, exceeding USD 34.5 billion accumulated. BlackRock is the ETF issuer that has the most BTC in custody. More than half a million bitcoin (BTC) is in the custody of the companies issuing spot exchange-traded funds (ETFs) traded in the United States. This reflects the massive investment in these financial … Read more
Bitcoin (BTC) opened the day trading above $100,000 (USD), after recovering this level yesterday. This scenario comes as demand for exchange-traded funds (ETFs) remains strong. Bitcoin ETFs in the United States, where the largest stock market operates, yesterday they recorded their tenth consecutive day of capital inflows. They have accumulated more than USD 4.3 billion … Read more
Bitcoin (BTC) exchange-traded funds (ETFs) experienced outstanding performance over the past five days. In this short period, ETFs accumulated capital inflows totaling $2 billion, triggering a historic rise in the price of the underlying asset, taking it to over $100,000. The following graph shows the behavior of BTC in the last week: Bitcoin (BTC) price … Read more
CEDEARs are not subject to income tax. When investing in ETFs, you don’t actually own the underlying asset but rather a stock. BYMA and Banco Comafi have presented new Argentine certificates of deposit (CEDEAR) ETFs, which include digital assets for the first time. Starting tomorrow, December 5, Argentine investors will be able to access the … Read more
Grayscale joins four other companies that also want to issue their Solana ETF. After hearing the news, Solana rose 7% and is trading at $237. Grayscale Investments and NYSE Arca filed a 19b-4 application with the U.S. Securities and Exchange Commission (SEC) to issue a Solana exchange-traded fund (ETF). The application aims to convert the … Read more
Ether (ETH) remains firm above $3,500. On Friday, for the first time, ETH ETF inflows surpassed that of bitcoin. Investment funds based on ether (ETH), the cryptocurrency of the Ethereum network, have accumulated net inflows of $2.2 billion globally so far in 2024. In this way, they set a new record that exceeds the $2 … Read more
On Monday, December 2, the bitcoin (BTC) exchange-traded fund (ETF) issued by BlackRock, known as IBIT, surpassed the half-million BTC mark in custody. This milestone makes it the largest and most valued bitcoin ETF on the US Stock Exchange. According to data from K33 Research, BlackRock’s IBIT already accumulates a total of 500,380 BTC. BlackRock … Read more
Officially, 4 companies have already requested permission to launch their XRP ETFs. Last week the company registered its XRP ETF in the state of Delaware. WisdomTree requested official authorization to launch an ETF based on XRP, Ripple’s cryptocurrency. The company filed an S-1 document with the US Securities and Exchange Commission (SEC), a necessary step … Read more
The price of ether (ETH) increased by 7.5% in the last 7 days. The BlackRock ETF reported inflows of $250 million. Ether (ETH) exchange-traded funds (ETFs), the Ethereum cryptocurrency, had net inflows of more than $332 million in a single day, marking a record in the history of these financial instruments operating in the United … Read more