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Showing posts with the label bitcoin etf

BlackRock's Bitcoin & Ethereum ETFs Earn $260M

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BlackRock’s Bitcoin ETF and Ethereum ETF have brought new crypto investing options by generating substantial returns for the asset management giant. BlackRock ETFs lead with a profitable $260 million annual revenue stream from cryptocurrency products, establishing new benchmarks in digital asset management right now. BlackRock has quietly built a crypto empire! In less than 2 ye,ars their Bitcoin and Ethereum ETFs are generating over $260M in annual revenue. $218M from Bitcoin $42M from Ethereum That’s a quarter-billion-dollar business, built almost overnight. For comparison, many… pic.twitter.com/NuhZnlMMAS — Leon Waidmann (@LeonWaidmann) September 23, 2025 BlackRock Bitcoin & Ethereum ETFs Drive $260M Annual Revenue Source: Pintu.co The data shows how BlackRock’s crypto ETF strategy has been creating unprecedented revenue generation. BlackRock ETF revenue reaches $218 million from BTC products alone, while the BlackRock Ethereum ETF contributes an additional $42 m...

Bitcoin Breaks $94K As Trump Softens Stance On China Tariffs, Says Won’t Fire Fed Chair Powell

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Bitcoin surged past $94,000 for the first time in almost two months after President Donald Trump softened his stance on China tariffs and pledged not to fire Federal Reserve Chair Jerome Powell. Speaking at a White House press conference, Trump said the US will be ”very nice” to China and that tariffs will ”come down substantially” if the two sides can reach a deal. He added that Powell will remain in his role, signaling continuity at the Fed amid investor concerns over future monetary policy. The reassurances sparked bullish momentum across crypto markets, lifting Bitcoin more than 6% to top $94k at 4:10 a.m EST, its highest level in seven weeks. The meme coin sector surged 14%, with Dogecoin, Shiba Inu and Pepe all logging double-digit gains as risk-on appetite returned. Bitcoin ETF Inflows Hit Almost $913M Institutional investors upped their exposure to the leading crypto, with inflows for US spot Bitcoin ETFs (exchange-traded funds) reaching $912.7 mill...

WuBlockchain Weekly: Bitcoin Surges Past $99,000, MEME Mania Sweeps the Crypto Market, SEC Chairman to Resign, Yao Qian Under Investigation for Alleged Virtual Currency Bribery,etc

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1. Bitcoin Hits Historic High of $99,000 link Bitcoin briefly surged past $99,000, setting a new all-time high. As of the latest report, the price stands at $98,696, reflecting a 24-hour increase of 1.44%. 2. SEC Chair Gary Gensler to Step Down on January 20, 2025 link The U.S. Securities and Exchange Commission (SEC) has announced that current Chairman Gary Gensler will step down on January 20, 2025. 3. China’s CCDI Announces Dismissal of Yao Qian Over Crypto Bribery Allegations link Yao Qian, former Director of the Technology Supervision Department and former Director of the Information Center of the China Securities Regulatory Commission, has been expelled from the Communist Party of China and removed from public office due to serious disciplinary violations and illegal activities. According to a report by the Central Commission for Discipline Inspection (CCDI) and the National Supervisory Commission, Yao abused his regulatory authority for personal gain, engaged in power-for-money ...

BlackRock: Bitcoin Is A Hedge Against Geopolitical Uncertainty

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Head of Thematic and Active ETFs at BlackRock Jay Jacobs says that Bitcoin is a hedge against geopolitical uncertainty and monetary risk. Speaking on the first edition of BlackRock’s Quick Download series, Jacobs said that the digital assets industry is blowing up, and investors are loving its IBIT ETF since launch. JUST IN: BlackRock says #Bitcoin is a hedge against geopolitical uncertainty and monetary risk. pic.twitter.com/hgzqprtp60 — Watcher.Guru (@WatcherGuru) June 27, 2024 “Bitcoin is a nascent asset. It’s only one-tenth of the size of the gold market,” Jacobs says in the video. “Therefore, it has high volatility and behaves a bit differently than stocks and bonds. A lot of investors look at it as a potential hedge against geopolitical and monetary risks. Other investors look at it as a way to play future adoption of blockchain technology. In either case, investors must take a measured approach to Bitcoin, considering both the risks and the po...

BlackRock adds Goldman Sachs, Citi and UBS as APs for its spot Bitcoin ETF

BlackRock has updated its Authorized Participants (APs) list amid huge traction for spot Bitcoin ETFs. Goldman Sachs, Citadel, Citigroup, UBS and ABN AMRO join Jane Street Capital, JP Morgan, Virtu andMacquarie as APs for BlackRock’s IBIT. BlackRock just updated its spot Bitcoin ETF prospectus, adding five new Authorized Participants (APs). Those to make the new list of APs for the world’s largest asset manager’s iShares Bitcoin Trust (IBIT) ETF are Wall Street giants Goldman Sachs, Citadel and Citigroup. UBS Securities and ABN AMRO Clearing are also added, according to details in the prospectus. With this, BlackRock, whose IBIT has stormed to billions of dollars’ worth of Bitcoin (BTC) holdings for its ETF, has pushed its APs total from just four to nine. Wall Street’s embrace of Bitcoin continues Initially, BlackRock named JP Morgan, Jane Street Capital, Virtu Americas and Macquarie as its authorized participants. This expa...

US sanctions Bitcoin ETF, NuggetRush set to cross $1.8M in investment

Bitcoin ETF has become a reality with the SEC approving its listing on major exchanges in the United States. NuggetRush is the latest crypto sensation that has raised more than $1.8 million from eager investors. As 2024 progresses, both NuggetRush and Bitcoin are expected to perform well this year. The United States on 10 Jan 2024 decided to include Bitcoin in major investment funds by approving 11 Bitcoin exchange-traded funds (ETFs). By doing this, the SEC has allowed Bitcoin to be bought by a wide range of investors, from big pension funds to regular people. Cryptocurrency fans are thrilled with this decision because Bitcoin is the best crypto invest ment to date. The US financial authority had previously turned down such requests, worried about the possibility of fraud and market manipulation. However, they have now given their nod and it’s finally going to be launched soon. Meanwhile, another development that has been the talk of the town is t...

How Much Bitcoin Does BlackRock's Spot ETF Hold?

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On the first trading day, the 11 newly approved Spot Bitcoin ETF trading volume surpassed $4.5 billion. Indeed, the investment product proved to be a massive success. Yet, just how much of the digital asset does its most prominent issuer maintain? Well, let’s answer how much Bitcoin BlackRock’s Spot Bitcoin ETF holds. The asset manager issued one of the several approved Spot Bitcoin ETF s that began trading on Thursday morning. Moreover, with the approvals, the US Securities and Exchange Commission (SEC) ended more than a decade-long trend of rejections. JUST IN: BlackRock now holds 2,620 $BTC worth over $120 million for their spot # Bitcoin ETF . — Watcher.Guru (@WatcherGuru) January 12, 2024 Also Read: Ethereum: BlackRock CEO Larry Fink Sees Value in ETH ETF BlackRock’s Spot Bitcoin ETF Holdings For many of 2023’s final months, the digital asset sector anxiously awaited what could be history in the making. Indeed, all signs pointed to the ...

Novogratz foresees Bitcoin ETF Battle: does fractional vacation home ownership offer an alternative?

The recent regulatory green light for 11 Bitcoin spot exchange-traded funds (ETFs) has triggered fierce competition among asset management giants. Mike Novogratz, CEO of Galaxy Digital, anticipates a showdown between Invesco, Fidelity, and BlackRock, whose IBIT traded $7.5M shares in the first 10 minutes of the launch Amidst this crypto turbulence, Everlodge, a disruptor in fractional vacation home ownership , is making waves with its ongoing ELDG token presale. Bitcoin ETF war unleashed The approval of 11 Bitcoin spot ETFs has set the stage for a high-stakes battle among industry behemoths. According to Mike Novogratz, a prominent figure in the crypto sphere, the ETF landscape is becoming a hotbed of competition. In a recent CNBC interview, Novogratz highlighted that success in this emerging market depends on execution, liquidity, and hidden fees, rather than just focusing on expense ratios. Novogratz’s insights stem from his experience, as Galaxy...

Breaking: Bitwise Spot Bitcoin ETF Acknowledged by US SEC

JUST IN – The SEC officially acknowledges Bitwise's spot #Bitcoin ETF application pic.twitter.com/XXWOybjYxb — Bitcoin Magazine (@BitcoinMagazine) July 13, 2023 Significance of SEC’s Acknowledgement The SEC ’s acknowledgment of the Bitwise spot Bitcoin ETF application is crucial for the cryptocurrency industry because it moves the potential of a regulated Bitcoin ETF closer to reality. Over the past few years, several Bitcoin ETF proposals have been submitted to the markets regulator, but they have faced repeated rejections due to concerns about market manipulation and custody of the underlying assets. The current recognition implies that the regulator considers the Bitwise spot Bitcoin ETF application to be sufficiently complete and worthy of further consideration. However, it is important to note that the SEC has not yet approved the ETF.  The regulator will now initiate a formal review process, which includes a thorough examination of the proposal an...