
Tags: Blackrock
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BlackRock’s IBIT smashes through 600K BTC milestone, now holding three times more Bitcoin than second-place Fidelity.
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The asset manager is delving deeper into real-world asset tokenization, which could be a boon for Ethereum.
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IBIT was the only BTC ETF yesterday in the green, but what a green it was.
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Santiment reports an 18 to 1 positive sentiment ratio for Solana, fueled by BlackRock’s tokenized treasury fund and GameStop’s Bitcoin move.
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BlackRock’s expansion into Europe comes with a temporary fee waiver to position the Bitcoin ETP as one of the cheapest options.
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BlackRock also said that there isn’t enough room for every U.S. millionaire to accumulate 1 BTC.
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The European crypto ETP market remains smaller than the US, but BlackRock’s entry could attract institutional investors.
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IBIT’s latest daily outflow of $332.6 million surpassed the previous record of $188.7 million set on December 24.
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