The launch was done in conjunction with the firms Acciones & Valores SA and Trii. IBIT is the largest bitcoin ETF in the world, with more than $50 billion in assets. Starting this week, the Colombian Stock Exchange began trading the IBIT bitcoin (BTC) exchange-traded fund (ETF), issued by the world’s largest asset manager, BlackRock, … Read more
The United States Securities and Exchange Commission (SEC) approved the first exchange-traded funds (ETF) that combine bitcoin (BTC) and ether (ETH), Ethereum’s native cryptocurrency, the two main digital assets on the market. The new financial products were requested by investment firms Hashdex and Franklin Templeton. According to the SEC, the presentation updated by Franklin Templeton, … Read more
Bitcoin (BTC) exchange-traded funds (ETFs) in the United States recorded unprecedented capital outflows yesterday. They ended the day with withdrawals of 680 million dollars (USD). This new record of outputs in one day in these instruments exceeds the one it had until then by 25%which had been USD 541 million almost two months ago. Yesterday’s … Read more
Bitcoin (BTC), the first digital currency on the market, has managed to overtake gold in one of the largest ETF markets. The iShares Bitcoin Trust (IBIT) fund, managed by BlackRock, has surpassed the gold ETF of the same firm in assets under managementiShares Gold Trust (IAU). This milestone marks a significant change in investor perception … Read more
Next year, several cryptocurrencies could have their own spot ETFs in the United States, including XRP, the cryptocurrency issued by Ripple. Eric Balchunas, ETF specialist at Bloomberg Intelligence, affirms that expects a “wave of cryptocurrency ETFs” in 2025although he warns that “not all will be approved at the same time.” This scenario would occur after … Read more
Investment in bitcoin (BTC) through exchange-traded funds (ETFs) grew yesterday. With this performance, the price of the coin is staying strong, mostly above $100,000 (USD). Bitcoin ETFs in the United States collected $597 million yesterday, more than double the previous day in which they registered inflows of USD 223 million, as reported by CriptoNoticias. This … Read more
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