BlackRock’s tokenized money market fund has distributed $100 million from Treasury yields, offering a real-world test of blockchain-based financial infrastructure. BlackRock’s first tokenized money market fund has paid out $100 million in cumulative dividends since its launch, highlighting the growing real-world use of tokenized securities amid rising institutional adoption. The milestone for the BlackRock USD Institutional Digital Liquidity Fund (BUIDL) was announced Monday by Securitize, which serves as the fund’s issuer and tokenization partner, overseeing onchain issuance and investor onboarding. Launched in March 2024, BUIDL was initially issued on the Ethereum blockchain. The fund invests in short-term, US dollar–denominated assets, including US Treasury bills, repurchase agreements and cash equivalents, offering institutional investors a blockchain-based vehicle to earn yield while maintaining liquidity. Read more
BlackRock’s IBIT Bitcoin ETF has featured on the $13.5 trillion asset manager's homepage, representing one of three major investment themes as the market heads into 2026. BlackRock says its spot Bitcoin exchange-traded fund was one of its three biggest investment themes in 2025, putting it alongside Treasury bills and the largest US tech stocks. The asset manager named its iShares Bitcoin Trust ETF (IBIT) alongside its ETF tracking Treasury bills and another tied to the “Magnificent 7” tech stocks of Apple, Microsoft, Amazon, Alphabet, Meta, Nvidia and Tesla. IBIT has attracted more than $25 billion in net inflows this year, ranking sixth among all ETFs and trailing broad index funds, despite the fund delivering a negative return so far for 2025. Read more
The fund, if approved by the SEC, would give BlackRock investors indirect exposure to staked Ether — one of the industry’s first following the 2024 approval of spot Ether ETFs. US-based asset management company BlackRock has applied to list and trade shares of an investment vehicle tied to staked Ether, following its offering of other cryptocurrency products. In a Friday filing with the US Securities and Exchange Commission, BlackRock filed a Form S-1 registration statement for its iShares Staked Ethereum Trust exchange-traded fund. The filing is part of the SEC’s process for companies to list investment vehicles such as ETFs, but does not guarantee approval. Shares of the staked Ether (ETH) fund, which BlackRock intends to list and trade on the Nasdaq exchange under the ticker ETHB, could be one of the first offerings tied to staked cryptocurrencies. Grayscale Investments added staking functionality to its previously approved spot ETH and mini ETH trusts in October. Read more
Larry Fink spoke alongside Coinbase CEO Brian Armstrong, describing how BlackRock's stance on crypto had evolved over the previous eight years. Larry Fink, chair and CEO of asset management company BlackRock, explained his “big shift” from associating cryptocurrencies with illicit activities to having the largest spot Bitcoin exchange-traded fund. Speaking at The New York Times’ DealBook Summit on Wednesday, Fink addressed questions related to his views on crypto and Bitcoin (BTC) from journalist Andrew Ross Sorkin. The BlackRock CEO said his move from associating crypto primarily with money laundering to having exposure to billions of dollars in BTC was “a very glaring public example of a big shift in [his] opinions.” Read more
BlackRock says $2.34 billion in November outflows from IBIT are normal as demand once pushed the ETF near $100 billion. BlackRock’s spot Bitcoin exchange-traded fund (ETF) closed November under pressure after experiencing heavy withdrawals, but the asset manager remains confident in its long-term outlook for the product. Speaking in São Paulo, BlackRock business development director Cristiano Castro said the company’s Bitcoin (BTC) ETFs had become one of its biggest revenue drivers, calling their growth “a big surprise” given how fast allocations surged this year. Castro’s comments followed a rough month for BlackRock’s US-listed IBIT, which logged an estimated $2.34 billion in net outflows across November. The two largest withdrawals came mid-month, with about $523 million leaving on Nov. 18 and roughly $463 million on Nov. 14. Read more
BlackRock Bitcoin ETF investors are back in profit, in a promising sign of a December market recovery from the cohort that drove much of Bitcoin’s rise to all-time highs in 2025. BlackRock’s spot Bitcoin exchange-traded fund (ETF) holders are back in profit after Bitcoin’s recovery above $90,000, an early sign that sentiment may be turning among one of the key investor groups driving the market this year. The holders of the largest spot Bitcoin (BTC) fund, BlackRock’s iShares Bitcoin Trust ETF (IBIT), bounced back to a cumulative profit of $3.2 billion on Wednesday, according to blockchain data platform Arkham. “BlackRock IBIT and ETHA holders went from being up almost a combined $40 billion at their PnL peak on 7th October, down to $630 million 4 days ago,” wrote Arkham in a Wednesday X post. “This means the average of all BlackRock ETF buys is at just about break-even.” Read more
Bitcoin being widely used for daily payments in the future is just “out-of-the-money-option value upside,” according to BlackRock’s head of digital assets Robbie Mitchnick. BlackRock’s head of digital assets, Robbie Mitchnick, said that most of the world’s largest asset managers’ clients aren’t considering Bitcoin’s use for daily payments when deciding whether to invest in the asset. “I think for us, and most of our clients today, they’re not really underwriting to that global payment network case,” Mitchnick said during a podcast interview published to YouTube on Friday. “That’s sort of maybe out-of-the-money-option-value upside,” Mitchnick said. Read more
BitMine’s $3.7 billion paper loss and the falling mNAV valuations are threatening the business model of DATs, according to 10x Research. Concerns are mounting over the sustainability of corporate crypto-treasury firms as BlackRock moves forward with a staked Ether fund that analysts say could compete directly with existing digital-asset treasuries. BitMine Immersion Technologies, the world’s largest corporate Ether (ETH) holder, is currently down $1,000 per purchased ETH, implying a cumulative unrealized loss of $3.7 billion on its total holdings, according to a Thursday research report from crypto insights company 10x Research. The decline in net asset value (NAV) across these firms is making it difficult to attract new retail investors while leaving many existing shareholders effectively “trapped” unless they sell at a steep loss, 10x Research founder Markus Thielen wrote in a LinkedIn post. Read more
BlackRock is now pursuing a new staked Ethereum ETF, offering more lucrative returns, approximately 15 months after launching its flagship ETH fund, ETHA. BlackRock has registered for a new staked Ethereum exchange-traded fund in Delaware, signalling that the $13.5 trillion asset manager is now ready to expand beyond its flagship Ethereum ETF product. A Delaware name registration is one of the first steps that a fund issuer needs to take to file for a new ETF. BlackRock, however, still needs to file other relevant documents to put the proposed product on track for regulatory approval. It would also complement BlackRock’s iShares Ethereum Trust ETF (ETHA), which has attracted $13.1 billion worth of inflows since launching in July 2024. BlackRock did not add staking to its spot Ethereum product, stating on its website: Read more