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In what is a major development for the cryptocurrency industry, BlackRock’s Global Allocation Fund has disclosed $47.4 million in Bitcoin ETF holdings. Indeed, the $11 trillion asset manager has increased its iShares Bitcoin Trust (IBIT) shares by 91%, according to a new filing with the US Securities and Exchange Commission (SEC). The official filing, made Thursday, shows that that fund has continued to increase its shares in the BlackRock-issued Bitcoin ETF throughout the end of last year. Specifically, the investment strategy has added 390,894 IBIT shares to its portfolio from November 2024 to January 2025. JUST IN: BlackRock's Global Allocation Fund discloses $47.4 million in Bitcoin ETF holdings. — Watcher.Guru (@WatcherGuru) March 27, 2025 Also Read: Bitcoin: BlackRock’s Spot BTC ETF Buys $107 Million Worth BTC BlackRock Global Allocation Fund Increases Bitcoin ETF Holdings By 91% Since late 2024, the potential of the cryptocurrency market has been surging. Indeed, the asset ...

BlackRock’s IBIT reached a new record in 211 days, surpassing iShares Core MSCI Emerging Markets ETF’s previous record of 1,253 days BlackRock’s new record comes two weeks after it hit $30 billion in net assets at the end of October BlackRock is now in the top 1% of all ETFs by assets and is bigger than all the ETFs launched in the past 10 years BlackRock has done it again. This time its IBIT spot Bitcoin exchange-traded fund (ETF) has hit a record of over $41 billion in net assets in 211 days. News of the milestone comes two weeks after BlackRock reached $30 billion in net assets in 293 days at the end of October. Posting on X in October, Bloomberg analyst Eric Balchunas, said what BlackRock has achieved is an “all-time record,” adding “the old record was $JEPI which did it in 1,272 days. $GLD took 1,790 days. Unreal.” With BlackRock’s new achievement, it’s surpassed the previous record of 1,253 days he...

The Securities and Exchange Commission (SEC) has accidentally uploaded Gary Gensler’s draft speech on the “public good of disclosure“ complete with suggested tweaks and notes. The speech, posted to the SEC’s website today, was prepared for the Peterson Institute for International Economics and archived by users online. It Features internal comments that show edits on repetitive sentiment, “diplomatically helpful” suggestions, and general cuts to the speech.  For instance, after a line about large financial institutions restructuring “in the face of a potential failure,” an edit suggests, “I strongly recommend that a sentence be placed here (or somewhere in the first part of the speech) to reassure markets that you are not making the speech because you think there is an imminent crisis ” (emphasis ours).  Another edit suggests, “It may be diplomatically helpful to acknowledge that we have had constructive dialogues with many regulators,” before highlighting that the UK’s B...

It’s 2024, and the investment landscape is undeniably shifting – traditional safe havens like gold ETFs are experiencing notable outflows in contrast to Bitcoin ETFs, which have seen a substantial increase in interest since their debut at the beginning of the year. This change suggests investors are exploring new territories, possibly looking for alternatives that promise both security and growth in these uncertain times as we had highlighted in this article. In this narrative, Galaxy Fox ($GFOX) is also heading to a lucrative road, soaking up liquidity and selling out over 2.7 billion tokens throughout the presale. Why is crypto leaning from gold to $BTC, and how is $GFOX surpassing some of the best altcoins? Bitcoin vs Gold in 2024 In the year 2024, the difference between investments in gold and Bitcoin has become much more obvious. A total of $2.4 billion has been pulled out of gold ETFs, with the biggest amounts being $230.4 million and $423.6...

The Bitwise Bitcoin ETF (BITB) has publish ed the on -chain addresses of its holdings – the first issuer to do so among the 11 approved funds. This major decision enables public verification of BITB’s holdings and flows directly on the blockchain. The move by Bitwise aligns with the core ethos of Bitcoin (BTC), which emphasizes transparency and open verification. Bitwise also expressed its ambition to expand these efforts. Collaborations with firms like Hoseki are on the horizon, aiming to provide real-time cryptographic attestations. Announcement: Today the Bitwise Bitcoin ETF (BITB) becomes the first U.S. bitcoin ETF to publish the bitcoin addresses of its holdings. Now anyone can verify BITB's holdings and flows directly on the blockchain. Onchain transparency is core to Bitcoin's ethos. We're proud to… pic.twitter.com/1JTUh3zvDE — Bitwise (@BitwiseInvest) January 24, 2024 You might also like: Alameda gap is still haunting Bitcoin despi...

Asset management firms have cut fees on their Bitcoin exchange-traded funds (ETFs) in Europe by over 60% to compete with products now available to U.S. investors. In an interview with the Financial Times, Gary Buxton, Invesco head of ETFs for Europe, the Middle East and Africa, and Asia Pacific, said many ETF providers have lowered their fees on their spot Bitcoin ETFs in response to the competitive landscape in the U.S. market. Cathie Wood’s Ark Investment Management, initially indicating a 0.8% fee for its spot Bitcoin ETF, eventually launched with no fees for the first six months or until assets reach $1 billion. BlackRock‘s investors will pay 0.25%, with early investors accessing it at 0.12% for the first year until assets reach $5 billion. “The launch of spot bitcoin ETFs in the U.S. is helping the crypto market to evolve as the asset class continues to stake a claim for a place in client portfolios.” WisdomTree Europe head Alexis Marinof Executives ...

Roundhill Covered Call Strategy, one of the most popular investment strategies in the ETF industry, is launch ing its own Bitcoin ETF. Roundhill Investments is the latest firm to launch a Bitcoin ETF designated by the ticker YBTC. The ETF has started trading today at the Chicago Board Options Exchange (CBOE). YBTC is an actively managed fund that aims to mirror the dynamics of Bitcoin, primarily through its investment in the ProShares Bitcoin Strategy ETF (BITO).  One of the key strategies employed by YBTC is the selling of out-of-the-money (OTM) call options on BITO. This approach serves a dual purpose: it creates an avenue for additional income while simultaneously capping the upside potential of Bitcoin’s price movements. This strategy introduces the risk of the fund underperforming compared to Bitcoin’s direct market performance. Pleased to welcome a new @roundhill Investments ETF to our U.S. market: The Roundhill Bitcoin Covered Call Strategy ETF (#YBTC)! See Rou...

BlackRock cuts its fee for the potential Bitcoin ETF, looking to crush the competition before the products even reach the market. BlackRock, a global investment management behemoth, has announced a significant fee reduction for its spot Bitcoin (BTC) exchange-traded fund (ETF), setting a new competitive standard in the cryptocurrency investment space. This is a significant play by the world’s top asset management firm amid fierce competition in the still unexisting United States Bitcoin spot ETF space. The race to the bottom Similarly, Ark Invest also decreased its fee to 0.25%. Bitwise chose a slightly different approach by offering zero fees for the first six months or until the fund reaches a certain size. After that, the fund will charge 0.39% — down from the previous 0.59%. You might also like: Fidelity cuts proposed spot Bitcoin ETF fee to 0.25% amid industry fee competition According to a Jan. 10 tweet by Eric Balchunas — a senior ETF analyst at Bloomberg — Bl...

Financial commentator Jim Cramer’s evolving views on Bitcoin raise questions amid ETF approval, impacting investor decisions. Bitcoin’s recent surge faced skepticism from financial commentator Jim Cramer, known for his varied stance on the cryptocurrency. Cramer, who previously asserted the permanence of Bitcoin (BTC), now suggests it might be “ topping out.” JIM CRAMER ALERT: “I think Bitcoin’s topping out.”#Bitcoin pic.twitter.com/mt8TwwtPDL — Swan Media (@Swan) January 9, 2024 Despite Monday’s 8% gain, Cramer’s historical track record of inverse market movements, encapsulated in the ‘inverse Cramer’ sentiment, raises eyebrows. You might also like: What is Inverse Cramer: how CNBC host accidentally created trading strategy Cramer’s recent assertion that Bitcoin may be “ topping out” aligns with his historical skepticism towards the cryptocurrency. Recently, his previous bullish stance on Bitcoi...

The $9 trillion asset management firm BlackRock has lined up a staggering $2 billion in capital for Spot Bitcoin ETF . According to Bloomberg analysts, BlackRock has a “big day one” capital lined up for the Spot Bitcoin ETF . Sources close to the development said to Bloomberg that BlackRock might invest more than $2 billion if required. Also Read: Gold Price Forecast: XAU/USD Recovers Lost Ground at $2,030 Level VanEck’s head of digital assets research, Matthew Sigel, said that he vetted the source who informed about the $2 billion investment. “I heard from a pretty well-placed source that BlackRock has more than $2 billion lined up in week one in new incremental flows from existing Bitcoin holders who are adding to positions,” he tweeted. VanEck's Matthew Sigel just said he's heard from a well placed source that BlackRock has $2 billion of capital lined up from existing bitcoin holders that want to rotate into spot bitcoin ETFs in week one ...

Monday has seen a flurry of final filings from issuers eyeing approval to list spot Bitcoin exchange-traded funds (ETFs). After BlackRock, VanEck and Ark/21Shares submitted their final changes with low fees, Bitwise intensified the “fee war” with a 0.24% fee rate. This is after BlackRock set its fee at 0.30% and VanEck and Ark/21Shares at 0.25%. Last week, Fidelity had filed its amended S-1 to show a 0.39% fee. Today’s filing by Bitwise also highlighted a 6-month waiver that means it starts at 0.00%. Bitcoin price jumps as “fee war” erupts Eric Balchunas, a senior ETF analyst at Bloomberg had earlier commented on the potential for the price war, or “ETF terrordome” intensifying ahead of approval. Are crypto exchanges going to lower their own fees in the wake of this move?  The analyst  suggests they may have to do it before it’s “too late.” Balchunas also commented on Grayscale Investments...

The U.S. Securities and Exchange Commission (SEC) might probably approve the much-awaited Bitcoin ETF in January this month. James Seyffart, the Bloomberg Intelligence research analyst opined that the SEC might approve the Bitcoin ETF on or before January 10, 2024. “There is about a 90% probability the SEC will approve the (BTC) ETFs by Jan. 10,” he wrote. Also Read: Analyst Who Correctly Predicted Gold’s Price Gives New Target for 2024 That’s five days from today and the time for the SEC to approve the BTC ETF s is shorter than expected. The SEC has remained tight-lipped about the development providing no updates or hints about the soon-to-be-made decision. The Probability of the SEC Approving Bitcoin ETF is 90%, Says Bloomberg Analyst Source: Watcher Guru BTC climbed above the $45,000 mark at the start of 2024 but dipped to $43,000 after rumors spread that the SEC might not approve the BTC ETF. However, the rumors were quelled as they sprung out of soc...

Keeping in line with similar actions taking place today, Valkyrie has filed a registration of securities with the US Securities and Exchange Commission (SEC) for its Spot Bitcoin ETF. Indeed, the filing shows a trend, with Fidelity, Grayscale, and VanEck doing the same. The filing was made official today and increases the likelihood that a host of approvals will be issued early next week. Valkyrie is one of more than a dozen applicants seeking to issue the first Spot Bitcoin ETF in the United States. JUST IN: Valkyrie files registration of securities with SEC for its spot #Bitcoin ETF. pic.twitter.com/dhPt3bInB3 — Watcher.Guru (@WatcherGuru) January 4, 2024 Also Read: Goldman Sachs Wants Role in BlackRock, Grayscale Bitcoin ETF Valkyrie Files Crucial Registration With SEC Ahead of Spot Bitcoin ETF Decision Over the last several months, the potential approval of a Spot Bitcoin ETF in the United States has excited the market. Indeed, a lot of applicants are se...

Fidelity Investments has filed registration of securities with the SEC for its spot Bitcoin ETF.  With over $4.5 trillion in assets, the firm has filed Form 8-A with the U.S. Securities and Exchange Commission (SEC) to register its Fidelity Wise Origin Bitcoin Fund. This filing indicates a move to make the fund a publicly traded security, a milestone for Fidelity and the broader acceptance of digital assets in traditional investment portfolios. Fidelity’s Form 8-A filing | SEC You might also like: SEC holds urgent meetings with Nasdaq and NYSE to discuss Bitcoin ETFs The filing comes at a turbulent time, as the crypto market lost over $540 million in liquidation today due to Matrixport claiming the SEC might reject all ETF applications. However, several journalists and analysts have refuted such claims shortly after.  SEC Form 8-A is a critical regulatory requirement for companies intending to list securities on an exchange. This registration underlines Fidel...

Asset manager BlackRock met again with representatives of the U.S. Securities and Exchange Commission (SEC). Bloomberg analyst James Seyffart reported that BlackRock’s meeting on Dec. 19 is the 24th meeting that SEC representatives have held with companies that have applied to open a spot Bitcoin (BTC) exchange-traded fund (ETF). Before meeting with the SEC, BlackRock revised its application to include a new mechanism for redeeming shares into fiat money. BlackRock met AGAIN with the SEC today. This brings the total number of official SEC meetings between current #Bitcoin ETF filers to 24. https://t.co/7JUErsdSCH pic.twitter.com/ZpSiXSvGxk — James Seyffart (@JSeyff) December 19, 2023 In addition to BlackRock, the NASDAQ stock market representatives were present at the meeting. “The discussion concerned The NASDAQ Stock Market’s proposed rule change to list and trade shares of the iShares Bitcoin Trust under NASDAQ Rule 5711 (d).” SEC memorandum B...

Cathie Wood’s ARK Invest sold 237,572 Coinbase (COIN) shares for $33 million and 168,127 Grayscale Bitcoin Trust (GBTC) shares worth about $5.9 million. On Dec. 5, ARK Invest, led by Cathie Wood, sold $33 million in Coinbase (COIN) stock after the crypto exchange’s shares reached a 19-month peak in a move analysts connect to the recent uptick in Bitcoin (BTC) price. Cathie Wood and Ark Invest's trade activity from today 12/4 pic.twitter.com/M560DWhaHn — Ark Invest Daily (@ArkkDaily) December 5, 2023 The sale involved a total of 237,572 COIN shares , distributed across three of ARK’s exchange-traded funds (ETFs): ARK Innovation (ARKK), ARK Next Generation Internet (ARKW), and ARK Fintech Innovation (ARKF). During the trading day, COIN shares reached a high of $147.86 but eventually settled at $140.20, marking a slight decline of 0.63%. You might also like: ARK Invest discloses 80 bps fee in spot Bitcoin ETF filing Additionally, ARK offloade...

The crypto markets have observed a subtle yet noteworthy shift in Bitcoin (BTC) flows from Binance to Coinbase Pro amid Binance’s recent regulatory challenges and the anticipation of a spot Bitcoin ETF in the United States. Data from CryptoQuant reveals that, as of 4:00 PM on Nov. 22, approximately 5,000 BTC exited Binance, finding a new home in Coinbase Pro, which saw an uptick of around 12,000 BTC in its reserves. $BTC moving from Binance to Coinbase "Coinbase's reserves have since increased by around 12,000 BTC while Binance's have decreased by 5,000 BTC." by @gaah_im Link https://t.co/92UQ3ODcIt — CryptoQuant.com (@cryptoquant_com) November 23, 2023 The catalyst behind this movement appears to be the legal troubles faced by former Binance CEO Changpeng Zhao. He recently pleaded guilty to anti-money laundering charges brought by U.S. authorities, leading to an agreement that also requires him to step down as CEO and pay a personal fine of $50 mill...

BitMEX co-founder and former CEO Arthur Hayes predicts Bitcoin (BTC) could reach at least $750,000 by 2026. Hayes outlined several reasons behind his bullish outlook on Bitcoin in a recent interview with Tom Bilyeu, the CEO of Impact Theory.  The former CEO anticipates that in 2024, Bitcoin will see a surge to around $70,000. This boost is expected to be driven by various factors, including potential financial crises and the impact of the Bitcoin halving event. He also cited the potential introduction of spot BTC exchange-traded funds (ETFs) by major asset managers in the U.S., Europe, and specifically, China, particularly in Hong Kong. This upward momentum is predicted to push Bitcoin beyond its previous all-time high. You might also like: XRP rallies 5% after court rejects SEC’s request to appeal Ripple ruling Moreover, Hayes stressed that the impending rise of Bitcoin is part of a larger global financial trend. He believes that we are on the brink of the largest financ...

Read More: BTC Price Prediction If Spot Bitcoin ETF Is Approved advertisement The Domino Effect of BlackRock’s Involvement BlackRock, the world’s largest asset manager with over $9 trillion in assets under management, submitted its application for a Bitcoin spot ETF last month, significantly shifting the probability landscape. According to Balchunas, the chances of a spot ETF approval have soared from 1% to 50% following BlackRock’s involvement. With BlackRock’s recent application boosting optimism in the crypto market, the race to launch the first spot Bitcoin ETF in the U.S. has never been more intense. Their application triggered a wave of similar filings by other prominent firms such as ARK Investment, Valkyrie, and Fidelity, setting the stage for a highly competitive environment. Although Bitcoin futures ETFs do exist in the U.S., they pale in comparison to what a spot ETF could bring to the table. Currently, these futures-based ETF...

Analyst’s Take on Bitcoin Price Bitcoin remains the largest cryptocurrency by market capitalization and it is also known as one of the tokens with the most unpredictable volatility. Drawing on the current price action of Bitcoin , renowned market analyst, known on Twitter as CrediBULL Crypto reassured his more than 341,000 followers that the price of the premier digital currency is now stable around the $29,000 to $30,000 price range. advertisement Update to the $BTC idea/video from yesterday: Now that we have cleared the local supply zone where I said we should be cautious, I'm once again bullish on LTF as well. If this is an impulsive move and the start of our accelerated move to new all time highs, we should hold the… https://t.co/PkKF0RNhQw pic.twitter.com/X6dIMJLXlK Recommended Articles Crypto Presale Projects For 2023 To Invest; Updated List ...