BlackRock Expands Crypto Reach with New Ether ETF Launch in Brazil
BlackRock is growing its selection of crypto products abroad. The business debuted its Ethereum ETF on Brazil's stock exchange B3 by use of a depositary receipt.
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BlackRock’s Bitcoin ETF Surpasses MicroStrategy’s BTC Holdings, Crossing $10B Mark
Key Takeaways BlackRock’s spot Bitcoin exchange-traded fund (ETF) has achieved a remarkable feat, surpassing MicroStrategy’s holdings of the cryptocurrency. The ETF, known as IBIT, has crossed the $10 billion mark in assets under management (AUM), indicating its growing dominance in…
SEC Extends BlackRock’s Spot Ether ETF Decision to March
Key Takeaways The Securities and Exchange Commission (SEC) has extended its decision timeline on BlackRock’s proposal for a spot Ethereum exchange-traded fund (ETF) to March, as disclosed in a recent filing. The regulatory body cited the need for additional time…
BlackRock to Slash Staff by 3% Amid Bitcoin ETF Approval Anticipation
Key Takeaways BlackRock, the world’s largest asset manager, is reportedly set to trim its global workforce by around 3%, impacting approximately 600 employees. The SEC’s decision on BlackRock’s Bitcoin ETF is expected to be announced by January 15, although the…
Bitwise, Fidelity, BlackRock Submit Updated Filings for Spot bitcoin ETF on Deadline Day
Key Takeaways Several major asset management firms, including Fidelity, BlackRock, and VanEck, have submitted amended forms to the Securities and Exchange Commission (SEC) for proposed spot bitcoin ETFs, marking a pivotal moment in the industry’s pursuit of approval. This move…
BlackRock meets SEC, Nasdaq to discuss spot Bitcoin ETF
Key Takeaways In a bid to secure approval for a spot Bitcoin exchange-traded fund (ETF), financial juggernauts BlackRock and Nasdaq, in conjunction with the United States Securities and Exchange Commission (SEC), convened for a second round of talks. This recent…
BlackRock Facilitates Bank Access to Bitcoin ETF with Revised Approach
Key Takeaways In a strategic move aimed at easing Wall Street’s access to the crypto market, BlackRock has revamped its application for a spot Bitcoin exchange-traded fund (ETF). The innovative “in-kind redemption prepay” model seeks to empower financial giants like…
BlackRock in Discussions with SEC on Potential Spot Bitcoin ETF
The US Securities and Exchange Commission (SEC) met with representatives from BlackRock and Nasdaq.
Fidelity Files for Spot ETH ETF, Follows BlackRock’s Footsteps
Key Takeaways Money management giant Fidelity has filed for the creation of an exchange-traded fund (ETF) focused on Ethereum’s ether (ETH). The proposed Fidelity Ethereum Fund aims to be listed by an exchange owned by Cboe Global Markets, as revealed…
Delaware DOJ to look into Fake BlackRock XRP ETF Filing : Report
Key Takeaways In a recent turn of events, the cryptocurrency industry experienced shockwaves as a fake application sparked a massive price pump and dump for XRP. The bogus filing, labeled “BlackRock iShares XRP Trust,” appeared on November 14 in Delaware,…
