Blackrock

Update (08:30AM EST) – This news story was published incorrectly and has been updated with corrections. BlackRock and cryptocurrency firm Bitwise have submitted revised filings to the Securities and Exchange Commission (SEC) for their proposed spot Bitcoin (CRYPTO: BTC) Exchange-Traded...

Investment giant BlackRock Inc. (NYSE:BLK) secured $100,000 as seed funding for its proposed Bitcoin (CRYPTO: BTC) exchange-traded fund (ETF), according to a recent Securities and Exchange Commission (SEC) filing. What Happened: BlackRock revealed this investment was made in October. An investor,...

Several firms are vying for the approval of their proposed spot Bitcoin (CRYPTO: BTC) exchange-traded funds (ETFs), hoping to capture a significant market share. What Happened: Switzerland’s Pando Asset AG on Wednesday emerged as the 13th contender by submitting a filing to the Securities and...

SEC Chair Gary Gensler continues to withhold comments regarding the future of spot Bitcoin (CRYPTO: BTC) exchange-traded fund (ETF). What Happened: According to a report by The Block, Gensler did not provide any insights on the potential action of the SEC regarding pending applications for spot...

XRP (CRYPTO: XRP) holders were left momentarily spellbound as a reported “BlackRock iShares XRP Trust” filing sent the cryptocurrency’s price soaring.  What Happened: This euphoria was short-lived as it turned out that the filing in Delaware, which was responsible for a rapid...

It’s been an eventful week in the world of cryptocurrencies. Analysts are predicting a potential surge in Dogecoin’s value while Bitcoin continues to rally, thanks to increasing interest in Bitcoin Spot ETFs. Additionally, BlackRock is hopeful about the approval of its Bitcoin ETF. Let...

In an optimistic forecast, BlackRock (NYSE:BLK), the world’s largest asset manager, expects the U.S. Securities and Exchange Commission (SEC) to greenlight its spot Bitcoin exchange-traded fund (ETF) application by January 2024. What Happened: FOX Business...

Bitcoin (CRYPTO: BTC) shorts totaling more than $33 million were liquidated in the last 24 hours, coinciding with the Federal Reserve’s decision to keep its policy unchanged. What Happened: On Wednesday, the U.S. Federal Reserve’s Federal Open Market Committee (FOMC) made the expected...

In a surprising turn of events, BlackRock Inc. (NYSE:BLK)’s proposed iShares Bitcoin (CRYPTO: BTC) ETF, known as IBTC, reappeared on the Depository Trust and Clearing Corporation (DTCC) website after a brief vanishing act, according to Blockworks. What Happened: The IBTC ETF initially emerged...

Following Brexit and the Covid-19 pandemic, the U.K. economy was expected to shrink. And it did. However, major investment firms haven't given up on London. For example, Andreessen Horowitz picked London as its international base. “This is a win for us,” said London & Partners...

Venture capitalist Chamath Palihapitiya, in April 2023, pronounced the death of Bitcoin (CRYPTO: BTC), declaring that “Crypto is dead in America,” in an episode of the All-In Podcast. What Happened: These remarks align with a long-standing trend of skeptics who have repeatedly sounded...

Shiba Inu (CRYPTO: SHIB), a meme coin, has observed a 6% increase in the last 24 hours, as a wider market rally ensues due to optimism surrounding the potential approval of Bitcoin (CRYPTO: BTC) spot ETFs. What Happened: According to data from Shibburn, a Shiba Inu burn tracker, over 121 million...

The price of Bitcoin (CRYPTO: BTC) on Monday experienced a rapid surge, reaching as high as $30,000 on certain cryptocurrency exchanges.What Happened: The reason behind this sudden increase in value was the circulation of erroneous reports online, claiming that the  Securities and Exchange...

BlackRock Inc (NYSE:BLK) CEO Larry Fink has responded to a Monday controversy surrounding a false report that claimed his company’s application for an iShares Bitcoin Trust ETF had been approved by the Securities and Exchange Commission (SEC).  What Happened: The hoax caused a social media...

Major cryptocurrencies experienced a significant surge on Monday evening, triggered by a false rumor on X, claiming that the Securities and Exchange Commission (SEC) had approved BlackRock’s (NYSE:BLK) spot bitcoin ETF application. Cryptocurrency Gains +/- Price (Recorded 9:30 p.m. EDT...