Average IBIT investor now down about 40% as spot bitcoin ETFs cap second-worst week on record
Friday's $444.51 million net outflow capped a seventh straight negative week, the longest weekly run on record for the category.
BlackRock Launches New Bitcoin ETF Combining BTC Exposure With Covered Call Income
Bitcoin Magazine BlackRock Launches New Bitcoin ETF Combining BTC Exposure With Covered Call Income BlackRock today launched the iShares Bitcoin Premium Income ETF (Nasdaq: BITA), a new exchange-traded product that holds spot bitcoin and shares of the…
Spot bitcoin ETFs snap five-day outflow streak with $85.8 million Friday inflow as ether funds keep sliding
BlackRock's IBIT led Friday's inflows at $57.7 million, with Fidelity's FBTC adding $18.0 million, while no fund reported a net outflow on the day.
Bitcoin Slumps to $71,500 as Geopolitical Tensions Trigger $400M+ in Liquidations
In Bitcoin news today, BTC crashed from $73,500 to a low of $71,500 on June 1 after news of US-Iran strikes hit the wires, triggering a violent risk-off flush across crypto derivatives markets. More than $400M in leveraged long positions were liquidated…
Texas appointees CleanSpark exec, bitcoin miner CEO to Strategic Bitcoin Reserve committee
Texas is seeking a custodian to transition reserve assets from Blackrock's IBIT into direct bitcoin holdings.
Mystery Bitcoin Whale Dumps $1.3B In BlackRockâs IBIT As Market Barely Blinks
A large, unidentified holder sold roughly $1.3 billion worth of BlackRockâs spot Bitcoin ETF, IBIT, through a dark pool on Tuesday morning, in what ETF analysts described as an unusually large block trade. The sale stood out not only because of its…
Abu Dhabi’s Mubadala Raises Bitcoin ETF Stake 16% to $566 Million in Q1 2026
Bitcoin Magazine Abu Dhabi’s Mubadala Raises Bitcoin ETF Stake 16% to $566 Million in Q1 2026 Abu Dhabi’s sovereign wealth fund Mubadala Investment Company has raised its position in BlackRock’s iShares Bitcoin Trust (IBIT), reporting…
Bitcoin Breaks Above $73K as ETF Flows Diverge Sharply From Ethereum Products
Bitcoin’s breakout above $73,000 has once again positioned it as the dominant force in digital assets. But while price action grabs headlines, ETF flows reveal a deeper structural divide between Bitcoin and Ethereum — one that’s shaping institutional…
BlackRock’s IBIT buys Over $1 Billion in Bitcoin within this Week
BlackRock, the world’s largest asset manager, has made a significant move in the cryptocurrency market by purchasing over $1 billion worth of Bitcoin through its iShares Bitcoin Trust (IBIT) ETF this week. This massive investment has contributed to…
SEC Approves Bitcoin Options Trading on BlackRock’s iShares ETF
In a landmark decision, the U.S. Securities and Exchange Commission (SEC) has approved the listing and trading of options on BlackRock’s iShares Bitcoin Trust (IBIT). According to Bitcoin Magazine, the approval was granted on September 20, 2024, marks a…