Blackrock’s IBIT is a good Bitcoin ETF

BlackRock's bitcoin ETF sees record daily outflow as crypto pauses its blockbuster rally
Traders pulled $333 million from BlackRock's spot bitcoin ETF on Thursday, marking the fund's longest losing streak as the crypto rally pauses.
BlackRock’s Bitcoin ETF Posts Record Outflow After Banner Year
Investors yanked a net $333 million from BlackRock Inc.’s iShares Bitcoin Trust ETF (IBIT) on Thursday, the most withdrawn from the record-breaking fund since its launch.Most Read from BloombergIs This Weird Dome the Future of Watching Sports?
BlackRock Spot Bitcoin ETF Witnesses $332,620,000 in Outflows, the ETF’s Largest-Ever Exodus in a Single Day
New data reveals that asset management titan BlackRock's spot Bitcoin (BTC) exchange-traded fund (ETF) saw a record number of outflows earlier this week.
BlackRock's Bitcoin ETF Posts Record Single-Day Outflows
Key Takeaways BlackRock's iShares Bitcoin Trust experienced a new record of $332.6 million for single-day outflows on Thursday.That brought IBIT outflows to nearly $393 million for the week.Other bitcoin ETFs saw minor inflows,
BlackRock Bitcoin ETF Sees Record-High Outflow Thanks to Profit Taking
BlackRock's iShares Bitcoin ETF saw its biggest 1-day outflow yesterday as shareholders took profits to the tune of $333 million.
BlackRock’s bitcoin fund became ‘greatest launch in ETF history’
BlackRock Inc.’s iShares unit offers more than 1,400 exchange-traded funds around the world, yet none of them have performed quite like this.Most Read from BloombergMigrant Crisis Pushed US Homelessness to Record High in 2024The iShares Bitcoin Trust (ticker IBIT) smashed industry records in its launch year of 2024.
Blackrock’s IBIT is a good Bitcoin ETF: Grayscale’s BTC is better
ETF has performed well since its inception in 2024, a trend that may continue due to the ongoing supply and demand dynamics in the crypto industry. It has added over $54 billion in assets and is one of the market’s most highly traded Bitcoin ETFs,
Bitcoin ETF observes record $332M in daily outflows, but BTC holds strong above $98K
Bitcoin (BTC-USD) investors closely watched a dramatic shift in the market on Thursday, as the world’s largest bitcoin-backed exchange-traded fund saw its biggest ever daily outflows, with more than $300M flowing out of the fund in a single day.
BlackRock: Now Is Not The Time To Buy (Rating Downgrade)
Since my previous buy rating, shares of BlackRock have significantly outperformed the S&P 500 index. The asset manager ...
soapcentral19h
Does George Soros own BlackRock? Stance on China investment revisted amid Presidential Medal of Freedom award
George Soros was recently awarded the Presidential Medal of Freedom (the highest civilian award) by Joe Biden in a White House ceremony.
BlackRock Inc. stock rises Friday, still underperforms market
Shares of BlackRock Inc. BLK inched 0.34% higher to $1,020.83 Friday, on what proved to be an all-around positive trading ...
bankingdive2d
FDIC eyes pact with BlackRock on passive investing
The regulator reportedly gave the asset manager a Jan. 10 deadline to agree to stricter oversight when holding a 10% or ...
Bank regulator gives BlackRock January deadline on bank stakes
The U.S. Federal Deposit Insurance Corporation has told asset manager BlackRock it has until Jan. 10 to accept an agreement ...
Business Wire3d
Distribution Dates and Amounts Announced for Certain BlackRock Closed-End Funds
Certain BlackRock closed-end funds (the “Funds”) announced distributions today as detailed below. Municipal Funds: ...
Why The 60/40 Portfolio Needs Bitcoin In Today’s Market
BlackRock identifies this trend and suggests that investors need to look beyond government bonds for diversification. This is ...
A standoff between BlackRock and the FDIC is dragging into 2025
A clash between BlackRock and the FDIC over the money manager’s holdings of US banks will play out in the waning days of ...