Why Is BlackRock's IBIT Bitcoin ETF Soaring?
The success of BlackRock's spot Bitcoin fund reflects not only the company's brand recognition but also the embrace by investors, including financial advisors.
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
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 DecryptRelated market context
BlackRock’s IBIT accounts for all $65.4 million in Bitcoin ETF outflows on October 12
The isolated outflow from BlackRock's IBIT highlights investor-specific decisions, underscoring the influence of major ETFs on Bit...
XRPL branded ‘cheap’ for paying infinite XRP exploiter just $250K
Crypto sleuth ZachXBT says the XRP Ledger Foundation (XRPL) can potentially look forward to losing upwards of $100 million next ti...
Bitcoin hedge funds face a liquidation trap when their collateral is split across markets
Here's a hypothetical situation: a hedge fund is making money, but one of its exchanges is about to liquidate its position anyway....
XRP rebounded as Binance spot turnover fell nearly 80%
XRP futures exposure began rebuilding by October 11 after market-data provider XRPL.to recorded $40.70 million in long liquidation...
Thailand wants a piece of the $120 billion Bitcoin and Ethereum ETF market, but on its own terms
Thailand has finalized rules allowing domestic Bitcoin and Ethereum ETFs while restricting retail access to competing overseas inv...
Bitcoin Price Prediction: Can BTC USD Hold $82K Ahead of Next Week’s CPI Drop?
Bitcoin price prediction notes a brief recovery on Saturday, October 10, but the market remains poised for a weekly loss as rising...