BlackRock | ForkLog

ForkLog 18 02.05.2024

BlackRock Anticipates Renewed Interest in Bitcoin ETFs

The current lull in the spot Bitcoin ETF segment is likely to be followed by a new wave of a different type of investors, according to Robert Mitchnick, head of digital assets at BlackRock, in an interview with CoinDesk. In the coming months, financial institutions, including pension, endowment, and sovereign wealth funds, are expected to […]

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ForkLog 20 02.05.2024

Record $564 Million Outflow from Bitcoin Spot ETFs in a Single Day

On May 1, the outflow from spot Bitcoin ETFs reached a record high since the approval of these products, amounting to $563.8 million. BlackRock’s IBIT recorded its first negative performance, with an outflow of $36.93 million. According to SoSoValue, yesterday’s Bitcoin spot ETF had a total net outflow of $564 million, a record high. Grayscale […]

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ForkLog 61 25.04.2024

BlackRock Denies Partnership with Hedera as HBAR Plummets 38%

BlackRock is not directly involved in Archax and Ownera’s decision to tokenize shares of the ICS US Treasury money market fund (MMF) on Hedera. A company representative clarified this, as reported by Cointelegraph. On April 23, the HBAR Foundation, the blockchain developer for Hedera, released a statement accompanied by images and videos featuring company logos. […]

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ForkLog 40 24.04.2024

HBAR Token Surges 110% Following Misunderstood BlackRock Fund Tokenization

On April 23, the HBAR Foundation, the developer behind the Hedera blockchain, announced the tokenization of BlackRock’s US Treasury Money Market Fund (MMF). Following the announcement, the HBAR token surged by 110%. Today we witness #RWA history as @BlackRock’s ICS US Treasury money market fund (MMF) is tokenized on @Hedera with @ArchaxEx and @OwneraIO, marking […]

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ForkLog 8 23.04.2024

BlackRock’s Spot Bitcoin ETF Sees 70 Consecutive Days of Inflows

Inflows into BlackRock’s IBIT have reached 70 consecutive days, placing the product among the top ten exchange-traded funds with the longest streaks of daily inflows. Bloomberg analyst Eric Balchunas highlighted this achievement. $IBIT inflow streak currently at 69 DAYS. one more day and it moves into Top 10 and ties $JETS (a streak I was […]

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ForkLog 19 02.04.2024

Bitcoin ETF Outflows Resume: IBIT and FBTC Inflows Fail to Counter GBTC Impact

On April 1, net outflows from spot Bitcoin ETFs reached $85.8 million. The trend turned negative again on the fifth trading day due to Grayscale’s GBTC, which saw $302.6 million in client funds withdrawn, according to SoSoValue. Data: SoSoValue. Inflows into BlackRock’s IBIT amounted to $165.85 million, while Fidelity’s FBTC saw $44 million. This was […]

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ForkLog 28 28.03.2024

BlackRock’s Bitcoin Holdings Surpass $17 Billion

The volume of bitcoins acquired by BlackRock’s Shares Bitcoin Trust (IBIT) has increased to 245,951 BTC (~$17.47 billion) after 11 weeks of trading, while Fidelity’s Wise Origin Bitcoin Fund (FBTC) holds 143,720 BTC ($10.21 billion), according to data from BuyBitcoinWorldwide. In third place among competitors, the GBTC — ARK 21Shares Bitcoin ETF (ARKB) — has […]

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ForkLog 35 28.03.2024

BlackRock’s Tokenized Money Fund Attracts $245 Million

The assets under management of the BlackRock USD Institutional Digital Liquidity Fund (BUIDL) have grown to $244.8 million, according to Etherscan. The number of token holders has reached seven. BUIDL is backed by U.S. Treasury bills, REPO agreements, and fiat currency. Securitize serves as the tokenization platform, as well as the transfer and listing agent. […]

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ForkLog 20 28.03.2024

BlackRock CEO Surprised by Bitcoin ETF Hype

BlackRock CEO Larry Fink expressed his surprise at the interest from retail investors in the company’s spot Bitcoin ETF during an interview with Fox Business. ?NEW: @BlackRock CEO Larry Fink on $BTC and his $IBIT ETF: “Look, I’m very bullish on the long term viability of Bitcoin. We’re creating now a market that has more […]

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ForkLog 14 26.03.2024

Bernstein Evaluates the Prospects of BlackRock’s Tokenized Fund

The launch of BlackRock’s tokenized fund on the Ethereum blockchain is significant, as the asset manager has attracted key partners from TradFi and the crypto sector. This is reported by CoinDesk, citing a Bernstein report. Analysts believe that using a public network instead of private solutions like JPMorgan’s Onyx expands interaction possibilities in the digital […]

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ForkLog 16 21.03.2024

Bitcoin Spot ETF Outflows Persist for Third Consecutive Day

On March 20, the total net outflow from Bitcoin spot ETFs amounted to $261 million, continuing a negative trend for the third consecutive day. According to SoSoValue data, on March 20, the total net outflow of Bitcoin spot ETFs was $261 million, marking three consecutive days of net outflows. The ETF GBTC had a single-day […]

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ForkLog 26 20.03.2024

Goldman Sachs Explores Investment in Crypto Bankruptcy Claims

Goldman Sachs is considering “the possibility of investing in claims against bankrupt companies in the cryptocurrency sector and other options,” according to Matthew McDermott, head of the bank’s digital assets department, as reported by The Block. The executive did not specify whether the institution has begun participating in such deals. Following the collapse of several […]

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