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Articles filed under

BlackRock

24 articles

March 2024

BlackRock launches BUIDL fund for digital yield

BlackRock’s new blockchain fund, BUIDL, offers USD yields through tokenization, in partnership with Coinbase.

November 2023

Blackrock files for Ether ETF: ETH tops US$2,100

BlackRock’s Ether ETF filing comes as the U.S. SEC entered an eight-day window to potentially approve pending Bitcoin ETF applications.

October 2023

US spot Bitcoin ETFs — crypto’s silver bullet?

Amid news, fake or otherwise, of an imminent approval for at least one spot Bitcoin ETF, Bitcoin’s price has skyrocketed. Could a year of pain in the crypto industry be over?

Bitcoin briefly rallies above US$30,000 following Grayscale’s new ETF application

Bitcoin gained over 10% this past week, boosted by Grayscale’s renewed spot Bitcoin ETF application.

Fake BlackRock ETF news prompts US$57 mln in Bitcoin long liquidations

Bitcoin briefly spiked to US$29,388 after the fake post, before tracing back the gains.

BlackRock shares go digital on JPMorgan’s Onyx blockchain

JPMorgan’s Onyx blockchain showcased near-instant collateral transfer in BlockRock’s tokenized share transaction with Barclays.

September 2023

Weekly Market Wrap: Deutsche Bank’s crypto move propels Bitcoin to US$26,750

Bitcoin hit a weekly high of US$26,750 after Deutsche Bank announced plans to offer crypto custody services for institutional investors, days after Standard Chartered launched its own institutional crypto wing.

Bitcoin ETF: The quiet 800-pound gorilla in the room is about to roar

The general public does not know this yet, but there is no longer any doubt that a Bitcoin spot ETF will come to the US market, writes Charlie McGlynn of XREX. It’s just a matter of when.

SEC delays verdict on BlackRock’s ETF application; Will Bitcoin ETFs see light of day?

After Grayscale’s legal win, the SEC decided to postpone its decision on spot Bitcoin ETF applications. Will these proposals be greenlit? And when?

August 2023

Crypto market gets boost from favorable court ruling for Grayscale against U.S. SEC

Prices of all cryptocurrencies rose on Wednesday after a U.S. court backed Grayscale on its Bitcoin ETF application, compelling the SEC to review its rejection of the application.

Bitcoin, Ether rise with SOL leading winners in top 10 cryptos

SOL was the biggest gainer in the top 10 following its Shopify deal. Bitcoin and Ether also rose along with most top 10 cryptocurrencies.

Crypto’s fear and loathing: Will TradFi take over?

Moves by big financial institutions into digital assets are worrisome to crypto purists, but it could be just what crypto needs to shake off its doldrums, writes Konstantin Horejsi of Blocktrade.

July 2023

Weekly Market Wrap: Bitcoin falls below US$30,000 as institutional interest in ETFs fails to lift markets

Bitcoin fell under US$30,000, despite the SEC accepting eight spot Bitcoin ETF applications for review this week. A weekly close under that psychological level could lead to more panic selling, industry experts told Forkast.

Bitcoin returns above key level, Ether inches up, XRP leads top 10 cryptos in gains

Bitcoin and Ether rose during Wednesday afternoon trading in Hong Kong, along with all other top 10 non-stablecoin cryptocurrencies by market capitalization.

Bitcoin, Ether, top 10 cryptos fall; SEC accepts Valkyrie’s spot Bitcoin ETF for review

Bitcoin and Ether both fell below key price levels earlier but returned above as investors remained optimistic after the U.S. Securities and Exchange Commission (SEC) accepted the second Bitcoin exchange-traded fund (ETF) application for review, from asset manager Valkyrie.

Bitcoin, Ether slip, top cryptos mixed, XRP biggest gainer after last week’s court win

XRP continued its rally after XRP issuer Ripple’s favorable ruling last week in its lawsuit with the U.S. Securities and Exchange Commission (SEC).

SEC accepts BlackRock’s Bitcoin ETF application for review

The U.S. SEC has accepted BlackRock’s application for a spot Bitcoin ETF, a major step for the potential launch of the country’s first spot Bitcoin ETF.

Weekly Market Wrap: Bitcoin holds above US$30,000; SEC officially silent over spot Bitcoin ETF applications

Bitcoin held above US$30,000 for most of the week but lost momentum as the SEC left investors guessing on how it will treat spot Bitcoin ETF applications.

Bitcoin, Ether slip but remain above key levels; top 10 cryptos mixed

Bitcoin and Ether fell during Tuesday afternoon trading in Hong Kong, while most of the top 10 non-stablecoin cryptocurrencies by market capitalization were mixed.

Bitcoin slips, Ether inches up, top 10 cryptos gain as investors remain upbeat

Bitcoin fell and Ether rose during Monday afternoon trading in Hong Kong, while most of the top 10 non-stablecoin cryptocurrencies by market capitalization strengthened.

June 2023

Weekly Market Wrap: Bitcoin breaches US$31,195 following Fidelity’s spot Bitcoin ETF application

Bitcoin briefly rose to US$31,195 after Fidelity filed its spot Bitcoin ETF application. Can the wave of institutional interest keep Bitcoin above US$30,500?

Weekly Market Wrap: Bitcoin remains above US$30,000 as market shrugs off Prime Trust’s cease order

Bitcoin shrugged off Prime Trust’s cease order, as risk appetite was bolstered by several TradFi alumni entering the crypto space this week. Could we see more spot Bitcoin ETF applications next week?

BlackRock files for spot Bitcoin ETF, taps Coinbase as custodian

The ETF, if approved, would be the first publicly traded crypto product of its kind in the U.S., but the SEC just sued crypto exchanges for alleged securities violations and has rejected similar ETF applications in the past.

August 2022

Crypto’s Institutional Boost

Crypto’s institutional boost is on the rise, meanwhile, Australia is proving to attract the crypto sector.