Direct client demand driving growth in BlackRock’s Bitcoin ETF so far
BlackRock head of digital assets Robert Mitchnick talked ETFs with Bloomberg’s James Seyffart at Bitcoin 2024. Go to Source
Bookmarking Crypto Insights
Auto Added by WPeMatico
BlackRock head of digital assets Robert Mitchnick talked ETFs with Bloomberg’s James Seyffart at Bitcoin 2024. Go to Source
Clients see Bitcoin and Ethereum as complements, not substitutes, in crypto portfolios, according to Blackrock’s head of digital assets. Go to Source
Traditional institutional giants like BlackRock, which has $10.6 trillion under management, have entered the cryptocurrency space. Go to Source
Analysts worry ETH will prove a harder sell than BTC to traditional investors. Go to Source
Franklin Templeton will keep exploring more assets to back new spot cryptocurrency ETFs, including those based on Solana. Go to Source
Bitcoin price could reach above the $88,000 mark by September, driven by continued Bitcoin ETF inflows. Go to Source
BlackRock’s Bitcoin ETF has witnessed over half a billion dollars of inflows on the same day a flurry of spot Ether ETFs got the nod to begin trading. Go to Source
Biden’s sudden move to abandon the 2024 presidential race could be a “huge boost” for crypto assets, but it may be too soon to get excited about a massive crypto rally. Go to Source
Current GBTC shareholders will receive shares in Grayscale’s new Bitcoin ETF in proportion to what they currently hold in GBTC. Go to Source
Bitcoin miners seem to be capitulating, a harbinger of a bullish reversal, according to Ark. Go to Source