Key Highlights: On-chain intelligence firm Glassnode identifies critical Bitcoin support levels at $77,600 and $74,800 amid ongoing market pressure. Bitcoin fell over 4% in 24 hours to hover near $80,989, threatening a drop below $80,000 if it fails to maintain closes above $81,500. Institutional demand remains active as BlackRock’s iShares Bitcoin Trust (IBIT) accumulated 384.77 ...
Key Highlights: BlackRock has filed to launch a new Bitcoin buffer ETF under the ticker PBIT, using its existing iShares Bitcoin Trust (IBIT) as the underlying asset through options-based strategies. The fund will combine IBIT-linked call and sold options with cash and short-term fixed-income instruments to cap both downside losses and upside gains. This marks ...
Key Highlights: Institutional investors allocated a net $7.9 billion to BlackRock’s digital asset offerings during the third quarter, reversing first-half outflows. Total digital assets under management reached $79.6 billion, down 23% from $104 billion a year earlier due to broad crypto market depreciation. BlackRock brought in $39 million in fees and securities lending revenue from ...
US-listed spot Bitcoin exchange-traded funds (ETFs) returned to net inflows on Monday, led by BlackRock, while spot Ether, $XRP and Solana ETFs extended their positive…
Bitcoin (BTC) and Ethereum (ETH) have spearheaded a broad cryptocurrency market recovery over the past two weeks, prompting a massive accumulation spree by BlackRock Inc….