BlackRock | Crypto

Seven funds posted positive flows Thursday, but only IBIT and FBTC did on Sept. 4, ahead of Monday's US exchange closure. The post Bitcoin ETF inflows fall 76% entering Labor Day break as only BlackRock and Fidelity attract fresh money appeared first on CryptoSlate.

IBIT’s 1.60-point lead masked a maximum decline nearly three times as deep as the S&P 500 fund’s. The post BlackRock’s Bitcoin ETF barely beat the S&P 500 after putting investors through a 53% crash appeared first on CryptoSlate.

Ether ETFs extended their inflow streak to 11 trading sessions, while XRP and Solana funds each logged a 10th consecutive positive session. US-listed spot Bitcoin exchange-traded funds (ETFs) returned to inflows on Monday, led almost entirely by BlackRock, while Ether, XRP and Solana funds continued attracting capital. SoSoValue data showed that Bitcoin ETFs recorded $216.7 million in net inflows on Monday, reversing the $201.8 million in withdrawals recorded on Friday.  The Friday outflows ended a nine-session run that brought more than $3 billion into the funds. Bitcoin (BTC) was trading near $78,700 at the time of writing, up about 1.5% over the past 24 hours, according to CoinGecko.  Read more

A new Tier 2 framework lowered qualifying gates to $25 billion in AUM and 5 million monthly options sides, bringing IBIT back during Q3. The post BlackRock’s Bitcoin ETF regains key weekly options expiries after rule overhaul appeared first on CryptoSlate.

IBIT exceeded the market’s $242.3 million net gain as five smaller positive funds failed to keep non-IBIT flows above zero. The post BlackRock just pulled in 115% of all Bitcoin ETF inflows in a single day as rival funds bleed cash appeared first on CryptoSlate.

Ethereum also accelerated on complete days while Solana lagged, and key Aug. 19 issuer rows remain missing. The post Bitcoin grabs 77% of $1.3 billion crypto fund surge as BlackRock leads the rebound appeared first on CryptoSlate.

Bitcoin maintained its appeal as a diversification investment despite dropping more than 50% from all-time high, a BlackRock report stated. Bitcoin (BTC) falling more than 50% from its $126,200 all-time high was a “positioning correction,” BlackRock says. Read more

BTCI listed a 26.73% distribution rate, a 1.62% SEC yield and a negative 41.66% one-year NAV return. The post Goldman Sachs drops $2.25 billion to hijack the Bitcoin yield market and leapfrog BlackRock by 19x appeared first on CryptoSlate.

The fund booked $344,849 in option gains, yet its cited NAV, Bitcoin and IBIT declines start on different dates. The post BlackRock’s Bitcoin income ETF offset less than 30% of its $1.2M crypto losses with options appeared first on CryptoSlate.

BlackRock Canada’s new IBQT fund combines global equity exposure with a 3% Bitcoin allocation through the firm’s Canadian iShares Bitcoin ETF. BlackRock Canada launched two exchange-traded funds Monday, including a portfolio that combines globally diversified equities with a 3% allocation to Bitcoin. The two funds, which began trading on the Toronto Stock Exchange, are the iShares Equity + Bitcoin ETF Portfolio (IBQT) and the iShares Core MSCI All-International Equity Index ETF (XINT). IBQT allocates 97% of its portfolio to Canadian, US, international and emerging-market equities and 3% to Bitcoin (BTC) exposure through BlackRock’s Canadian iShares Bitcoin ETF (IBIT), which trades on Cboe Canada. Rather than investing in individual stocks, IBQT primarily holds other iShares ETFs to provide its equity and Bitcoin exposure. Read more

Bitcoin ETFs recorded $853.54 million in net inflows last week, the strongest since mid-April, with BlackRock’s IBIT taking the bulk.

US-listed spot Bitcoin and Ethereum exchange-traded funds pulled in more than $1 billion in fresh cash this week, with both groups registering their strongest inflows since April as demand for regulated crypto investment products rebounded. Data from SoSoValue shows that spot Bitcoin ETFs attracted $853.54 million during the week ended Aug. 7, their biggest haul […] The post Bitcoin and Ethereum ETFs break $1B in their best week since April and BlackRock brought in 80% of the cash appeared first on CryptoSlate.

IBIT and ETHA moved from a $13.91 billion Q2 increase to a $3.53 billion decrease, while three positive August sessions remain inconclusive. The post BlackRock’s crypto ETFs shed $3.5 billion as last year’s creation boom turns into redemptions appeared first on CryptoSlate.

BNY's Digital Asset Custody platform plans to provide institutional crypto staking support through Galaxy's infrastructure, the two firms said Aug. 4. BNY touches roughly 20% of the world's investable assets, with $62.6 trillion in assets under custody and administration as of June 30. Galaxy is one of three validator firms approved to stake Ethereum for […] The post BNY and BlackRock funnel billions through one infrastructure provider, exposing the fragile illusion of crypto diversification appeared first on CryptoSlate.

BlackRock is preparing a one-for-three reverse split of its iShares Ethereum Trust ETF (ETHA), a structural change that will lift ETHA’s share price and could reduce its effective trading spread without changing the value of investors’ holdings. ETHA’s sponsor approved the reverse split on July 31, according to an SEC regulatory filing. Every three shares […] The post BlackRock’s rare ETHA reverse split is about to make trading Ethereum 70 times cheaper than Coinbase appeared first on CryptoSlate.

BlackRock, DTCC, and Mastercard are joining Circle's Arc as validators, while BUIDL is expected to deploy on the network after launch.

The rating recognizes the fund’s ability to maintain a stable net asset value, while S&P separately reaffirmed USDT among the lowest-rated stablecoins under its existing assessment framework. S&P Global Ratings assigned its highest principal stability fund rating to BlackRock’s new tokenized money market fund. The ratings provider assigned an “AAAm” rating to the BlackRock Daily Reinvestment Stablecoin Reserve Vehicle (BRSRV) on Monday, citing the creditworthiness of its investments and counterparties, its maturity structure and management’s ability to maintain a stable net asset value. S&P said it identified “no weaknesses” in its qualitative assessment of BlackRock Advisors’ management and organization, credit research and analysis, risk management and compliance. Read more

JPMorgan’s Kinexys platform will tokenize select BlackRock money market fund shares denominated in pounds, euros and US dollars. BlackRock will offer tokenized versions of select European money market funds using JPMorgan’s blockchain infrastructure.  According to a Tuesday Bloomberg report, the offering will include pound sterling, euro and US dollar share classes from BlackRock’s Institutional Cash Series, which collectively manage about $311 billion. The figure refers to the broader fund range, not the assets that will be tokenized. Each token will represent a share in an underlying money market fund and can be transferred around the clock between approved digital wallets.  Read more

Earlier this week, BlackRock expanded its U.S. tokenized cash platform which involved offering onchain shares of an existing fund, plus a new daily reinvestment stablecoin fund.

The asset manager introduced two blockchain-based money market funds designed to qualify as stablecoin reserve assets under the US GENIUS Act. BlackRock, the world’s largest asset manager, has launched two tokenized money market products designed to serve as reserve assets for stablecoins, marking another step in bringing regulated financial products onto blockchain infrastructure. The first product, BlackRock Select Treasury Based Liquidity Fund OnChain Shares (BSTBL), is a tokenized share class of the asset manager’s existing Select Treasury Based Liquidity Fund on Ethereum. Eligible investors can transfer tokenized fund shares between approved wallets while the fund continues investing in cash, short-term US Treasurys and Treasury-backed overnight repurchase agreements. BNY serves as the transfer agent and tokenization provider for the fund’s onchain shares. The second product, BlackRock Daily Reinvestment Stablecoin Reserve Vehicle (BRSRV), is a newly created tokenized money market fund available to insti...