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Showing posts with the label blackrock

BlackRock just bought over $1 billion in these two cryptos

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BlackRock is on a roll this week, with more than $1 billion in fresh Bitcoin (BTC) and Ethereum (ETH) inflows on Tuesday, October 7, 2025. More precisely, the asset manager added 7,579 BTC ($943.11 million) and 8,959 ETH ($89.49 million) in a single day, according to new Lookonchain data reviewed by Finbold. The inflows came just 24 hours after another monster purchase, as BlackRock had also acquired 6,447 BTC ($805 million) and 45,672 ETH ($212.9 million) the day prior. With the new capital, the fund’s total holdings have climbed to 791,347 BTC, worth around $98.48 billion, and 3,952,823 ETH, amounting to approximately $18.66 billion. Bitcoin and Ethereum ETF inflows. Source: Lookonchain BlackRock firmly on top Bitcoin ETFs saw a total daily inflow of 9,576 BTC, equivalent to more than $1.19 billion on October 7, while Ethereum ETFs witnessed a positive net change of 34,138 ETH, valued at around $161 million. Over the past seven days, Bitcoin ETFs thus...

BlackRock Predicts Federal Reserve Won't Lower Interest Rates

$11.5 trillion asset manager BlackRock predicts the US Federal Reserve will not lower interest rates tomorrow, July 30th. In a weekly report, Blackrock says: “We expect the Fed will hold rates steady this week. We watch for U.S. trade deals as the Aug. 1 deadline approaches and for tariff impacts in Q2 GDP data. JUST IN: BlackRock predicts the Federal Reserve will not lower interest rates tomorrow. pic.twitter.com/3rYjf0VWoU — Watcher.Guru (@WatcherGuru) July 29, 2025 The upcoming Fed meeting and interest rate decision is a big one, as the central bank has been under fire for months for its approach to fighting inflation. The Fed has opted to remain committed to a wait-and-see approach on changing interest rates, garnering heat from the current presidential administration. US President Donald Trump has been publicly bashing Fed Chair Jerome Powell for the Fed’s stalling of cutting rates, even going as far as suggesting Powell should step down. Currently, interest rates...

How Much Bitcoin Did BlackRock Purchase in May 2025?

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Bitcoin (BTC) has seen quite a price spike over the last few days. The asset is on the brink of surpassing its peak of $108,786. BTC’s price rally is likely due to an increase in institutional inflows. According to Farside, BlackRock has purchased more than $3.1 billion worth of BTC since May 2. The world’s largest asset manager seems to be quite bullish on the original cryptocurrency. Also Read: Take-Two Prices $4.75M Share Offering at $225, Morgan Stanley Ups Target to $265 Source: Farside Will Bitcoin Hit a New All-Time High Amid BlackRock’s Big Purchases? Source: Watcher Guru BTC is currently down by just 2% from its all-time high of $108,786. There is a high probability that the original crypto will hit a new peak very soon. Institutional investments are central to an asset’s price. BlackRock’s bullish outlook could inspire other investors to go long on BTC. Such a development could lead to a surge in demand and price. Also Read: If You Bought $500 in ...

BlackRock to File for an XRP ETF? Why It May Be More Than Rumors

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In 2024, the US Securities and Exchange Commission (SEC) surprisingly approved the issuance of two crypto-based ETFs. That is expected to change in 2025, with a host of assets subject to filing. Yet, one absent filing has surprised many, with BlackRock not seeking to issue an XRP ETF. The $11 trillion asset manager was behind the immensely successful iShares Bitcoin Trust (IBIT) that debuted last year. Moreover, it has reinforced that it won’t file for an XRP ETF as long as there are still regulatory concerns. Yet, with a new pro-crypto administration in place, those troubles look to be behind the asset. Will that sway the firm to seek out an exchange-traded fund for the token? Source: WSJ Also Read: Goldman Bets $1.4B on Blackrock’s Bitcoin ETF: 516 Trillion SHIB Set to Be Hit BlackRock May Be Preparing XRP ETF as SEC Meetings Continue Over the last year, Bitcoin has been one of the biggest surprises of the finance sector. The leading crypto surged to a six-figure value in Novemb...

Here’s how much Bitcoin BlackRock quietly scooped for its ETF

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Summary ⚈ BlackRock added 41,452 BTC worth $3.92 billion to its iShares Bitcoin Trust ETF. ⚈ Bitcoin’s network activity hit a six-month high with rising investor engagement indicators. ⚈ Standard Chartered predicts BTC could reach $200,000 by year-end amid bullish sentiment. The world’s largest asset manager, BlackRock, has added more than 40,000 Bitcoins (BTC) to its BTC exchange-traded fund (ETF), the iShares Bitcoin Trust ETF (IBIT). More exactly, the multinational investment company has bought 41,452 BTC, worth roughly $3.92 billion, per findings from crypto on-chain analytics platform Lookonchain shared through a May 6 X post. BlackRock(iShares Bitcoin Trust ETF) has bought 41,452 $BTC($3.92B) over the past 2 weeks, bringing its total holdings to 614,639 $BTC ($58.07B).https://t.co/kqNUqHAL3P pic.twitter.com/KDfMIAVlRJ — Lookonchain (@lookonchain) May 6, 2025 BlackRock’s purchases have established a strong level of institutional demand at sub-$...

BlackRock's Bitcoin ETP in Europe: What It Means for Investors

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Bitcoin’s ETP presence in Europe marks a major milestone as BlackRock, the world’s largest asset manager, has now launched its physical Bitcoin ETP for European investors. This development follows their highly successful US Bitcoin ETF that has already attracted well over $50 billion in assets, showing growing institutional interest in digital assets right now. JUST IN: BlackRock launches Bitcoin ETP in Europe. — Watcher.Guru (@WatcherGuru) March 25, 2025 Also Read: Solana: Can $5000 Worth Of SOL Become $500,000 By 2030? Exploring the Benefits and Risks of BlackRock’s Bitcoin ETP for Investors Source: The Block The iShares Bitcoin ETP (IB1T) gives investors easier Bitcoin exposure without the hassle of direct cryptocurrency trading and storage. This Bitcoin ETP for investors is domiciled in Switzerland with actual Bitcoin held in Coinbase cold storage, and furthermore, it has already begun trading on Deutsche Boerse, Euronext Paris, and also Euronext Amsterdam. Strate...

Bitcoin supply may not be fixed at 21M, says Blackrock

One of the world’s largest asset managers momentarily delighted Bitcoiners today when it released a three-minute advertisement for bitcoin (BTC). Just 90 seconds into the video, however, delight turned to dismay when viewers spotted Blackrock’s finely printed supply disclaimer overlaid atop an otherwise glowing overview of the currency’s monetary credentials. In the video, which was amplified by MicroStrategy Chairman Michael Saylor, Blackrock disclaimed, “There is no guarantee that bitcoin’s 21 million supply cap will not be changed.” BlackRock explains #Bitcoinpic.twitter.com/X2fPl8tL2s — Michael Saylor️ (@saylor) December 17, 2024 The disappointment at the sighting was palpable.  Bitcoiners labeled it “misinformation,” “FUD,” “underhanded,” “laughable,” and a homophonic euphemism for retarded. The topic immediately trended on X. Unbeknownst to most Bitcoiners, that disclaimer is also present in Bl...

Tether Generated More Profit Than BlackRock in 2023

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In what is a testament to its dominance, stablecoin issuer Tether generated more profit than BlackRock in 2023. Indeed, the $10 trillion asset manager earned $5.5 billion last year. Alternatively, the USDT issuer generated a remarkable $6.2 billion. The output shows that the crypto company edged out the traditional finance giant by $700 million last year. Tether recently saw its USDT stablecoin reach a market cap of $119 billion. Moreover, the asset dominates an impressive 75% of the market share, easily leading the sector ahead of firms like Cirlce and even PayPal. The performance shows the growing interest in stablecoins, and Tether’s position atop the growing industry. Tether generated more profit than BlackRock $BLK in 2023. Tether: $6.2 billion BlackRock: $5.5 billion pic.twitter.com/QqonDFfWL9 — Watcher.Guru (@WatcherGuru) September 20, 2024 Also Read: Stablecoin Issuers are 18th Largest US Treasury Holder: Bernstein Tether Out Earned BlackRock by $700 Million in 2023 ...

BlackRock sells Bitcoin for the second time since BTC ETF launch — What’s next?

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BlackRock‘s (NYSE: BLK) iShares Bitcoin Trust (IBIT) has shown remarkable resilience amid Bitcoin (BTC) outflows from other exchange-traded funds (ETFs). However, the IBIT ETF registered its second-ever outflow on August 28, raising concerns among Bitcoin investors as a bearish indicator. Notably, the two-only outflows from IBIT were significantly small compared to all the inflows since its launch in January. On April 30, the iShares Bitcoin Trust sold $38.68 million worth of BTC for the first time. In this most recent activity, BlackRock sold an even smaller amount of 227.62 BTC, worth $13.43 million. Despite immediate concerns about a more bearish outlook, the finance giant has shown a bullish bias toward the leading cryptocurrency. Picks for you Bitcoin price prediction as Trump plans to make U.S. ‘crypto capital of the planet’ ...

BlackRock CEO Larry Fink Calls Bitcoin Digital Gold

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BlackRock CEO Larry Fink is praising Bitcoin, calling it “digital gold” and bigger than any government. BlackRock is one of the firms to adopt the newly approved Spot Bitcoin ETF for its investors. JUST IN: BlackRock CEO Larry Fink says #Bitcoin is digital gold and bigger than any government. — Watcher.Guru (@WatcherGuru) January 12, 2024 Speaking to Fox Business’ Charles Gasparino, Fink highlights how the Bitcoin ETF is an alternative to the diminishing value of currencies. “If you’re fearful of your government, or worrying your government is devaluing the currency, then you could see this as a a great potential long-term store of value,” Fink says. He adds “it’s like digital gold.” With the ETFs being a ledger of the growing price of Bitcoin and being cross-border, these Spot Bitcoin ETFs are valuable investments. This coincides with the months of hype and efforts to push the SEC towards approving these products.  ...

Fidelity may be considering a bitcoin spot ETF

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Fidelity may be planning moves in the crypto market with the launch of a bitcoin spot ETF or a potential acquisition of Grayscale. The world’s third-largest asset manager, Fidelity has grown its digital asset presence significantly over the years. Its cryptocurrency-dedicated offshoot, FDA, received a New York Trust Charter and launched European operations in 2020.  The FDA has spearheaded initiatives such as the Fidelity crypto offering, which allows users to trade bitcoin and ethereum along with stocks.  The company has also advocated for the inclusion of digital assets in 401(k) investing, illustrating its belief in the long-term potential of cryptocurrencies. The exciting part of the current rumors is the direction Fidelity might be taking. According to Andrew Parish, co-founder of Arch Public, Fidelity might be considering a purchase of Grayscale or an application for a bitcoin spot ETF.  UPDATE: @DigitalAssets and @Fidelity is about to make a seismic move in...