Spot Bitcoin (BTC) ETFs in the U.S. recorded their fifth consecutive day of inflows on July 11, with $72.1 million in net inflows as Bitcoin surpassed the $59,000 mark. According to data provided by Farside Investors, these investment products recorded $72.1 million in positive net flows on July 11. This follows a positive week that began with $143.1...
Spot Bitcoin (BTC) exchange-traded funds (ETFs) witnessed a significant surge on July 12, with inflows surpassing $310 million—the highest since June 5. BlackRock’s iShares Bitcoin Trust (IBIT) and the Fidelity Wise Origin Bitcoin Fund (FBTC) led the inflows, bringing in $120.03 million and $115.14 million respectively, as per information from SoSoValue. The Bitwise Bitcoin ETF (BITB) followed with $28.42 million,...
PUTRAJAYA: Any polemic related to the BlackRock issue that is linked to the Israeli regime could affect Malaysia's interests as a developing country, says Prime Minister Datuk Seri Anwar Ibrahim. Speaking at the July monthly assembly of the Prime Minister's Department here on Monday (July 1), Anwar reminded everyone not to be 'excessive' in discussing polemic...
KUALA LUMPUR: The withdrawal of BlackRock's investment from Malaysia, if it happens, will have implications and negative impacts on efforts to realise the country's investment agenda, said Minister of Investment, Trade and Industry Tengku Datuk Seri Zafrul Abdul Aziz. BlackRock is a shareholder in various listed companies worldwide, including sovereign funds from Saudi Arabia, the United...
KUALA LUMPUR: Opposition lawmakers remain adamant that selling Malaysia Airports Holdings Berhad’s (MAHB) shares to foreign entities will threaten national security. Wan Ahmad Fayshal Wan Ahmad Kamal (PN-Machang) claims Prime Minister Datuk Seri Anwar Ibrahim failed to explain to the Dewan Rakyat that Global Infrastructure Partners (GIP) could access the travellers' data once the deals are...
On April 23, net daily capital inflows into spot Bitcoin ETFs totaled $31.64 million. According to SoSo Value, despite the decrease in asset inflows from $62 million on April 22 to $31 million on April 23, a positive trend has continued for the third trading day. During this period, Bitcoin funds received $153.29 million from inflows. Source: SoSo...
Circle will allow the direct conversion of BlackRock’s tokenized fund shares into its USDC stablecoin. According to Cricle’s announcement, a new smart contract feature will enable BlackRock USD Institutional Digital Liquidity Fund (BUIDL) investors to instantly convert their shares to Circle’s USDC stablecoin. The smart contract is designed to offer a “near-instant” off-ramping option for BUIDL, making...
BlackRock has added four more Wall Street firms as authorized participants (APs) for its spot Bitcoin ETF. With this addition, the asset manager’s Bitcoin-based fund now boasts a total of nine APs. BlackRock’s Bitcoin ETF updates BlackRock, touted as the world’s largest asset manager, now counts Citi, Citadel, Goldman Sachs, and UBS among its APs for its spot...
The world’s largest asset management company, BlackRock, has increased the amount of Bitcoin on its balance sheet. According to the website, BlackRock has increased the amount of Bitcoin (BTC) in its iShares Bitcoin Trust (IBIT) to 242,829. The volume of assets under management in the fund’s spot Bitcoin ETF reached $15.5 billion at the current exchange rate. Source: iShares Fox...
