BlackRock’s Bitcoin ETF Doubles Gold in Record Time
In less than a year, this fund has nearly doubled the AUM of its gold counterpart, underscoring the rapid institutional adoption and soaring interest in digital assets. This stark contrast highlights Bitcoin’s ascent as...
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
In less than a year, this fund has nearly doubled the AUM of its gold counterpart, underscoring the rapid institutional adoption and soaring interest in digital assets. This stark contrast highlights Bitcoin’s ascent as a preferred hedge and store of value in the evolving investment landscape, challenging gold’s long-held dominance.
Source: X
Why this matters
This bitcoin story adds another data point to the current market tape and is useful when read alongside nearby source coverage.
Original source
Read on Brave New CoinRelated market context
Market sees 3% chance of Bitcoin hitting record high this year
The low probability of Bitcoin reaching a new high this year reflects cautious market sentiment and highlights challenges in achie...
Coinbase Fined Again in Ireland, This Time $3.6M Over Fund Safeguarding
The Central Bank of Ireland penalized Coinbase Ireland €3,252,618 for leaning too heavily on its U.S. parent and leaving its safeg...
Bitcoin ETFs Draw $524.8 Million As BlackRock And Fidelity Lead
TL;DR: US spot Bitcoin ETFs attracted $524.8 million on October 21, according to Farside Investors. BlackRock and Fidelity supplie...
Strategy spent record cash on STRC buybacks at its worst price yet
Michael Saylor’s BTC company Strategy told investors that its STRC share buybacks would “taper” as STRC neared $100 per share. How...
HSBC Launches RedCoin Stablecoin and Plans to Let Customers Buy Tokenized Funds With It
HSBC put its first stablecoin, a Hong Kong dollar token called HSBC RedCoin (ticker RCHKD), on its PayMe payments app on Oct. 23,...
Central Bank of Ireland Fines Coinbase Unit €3.25 Million Over Customer Fund Safeguarding Failures
Bitcoin Magazine Central Bank of Ireland Fines Coinbase Unit €3.25 Million Over Customer Fund Safeguarding Failures The Central Ba...