The Securities and Exchange Commission had previously only allowed cash redemptions when the spot bitcoin ETFs were approved last January.
BlackRock chief executive Larry Fink as revealed he's had discussions with sovereign wealth funds about buying bitcoin..
Bitcoin ETF accelerated their pace of inflows on bullish expectations and US-based demand. Crypto ETF are becoming more competitive against more traditional investments.
Bitcoin’s march toward mainstream acceptance is well underway, and those paying attention stand to benefit the most.
President Donald Trump pledges to make the U.S. the crypto capital of the world and signs a pro-crypto executive order. Plus, BlackRock CEO Larry Fink predicts BTC price will exceed $700,000 and the SEC withdraws a controversial crypto reporting rule.
Fink was sharing the stage with Peng Xiao, the CEO of AI company G42, who interjected with “to some extent” on Fink’s contention that fear drives bitcoin. But Fink just doubled down on the idea that it was “okay” for bitcoin’s fortunes to rely on fear.
BlackRock CEO Larry Fink said Bitcoin will hit $700k, while Goldman Sachs CEO David Solomon said BTC is not a threat to the dollar.
BlackRock is tired of being lumped in with MicroStrategy when it comes to Bitcoin. The asset management titan wants the world to know it’s playing a different game.
BlackRock CEO Larry Fink shared his thoughts on Bitcoin's potential and global economic trends during an interview at the World Economic Forum.
BlackRock, the world’s largest asset management firm, reportedly purchased $600 million worth of Bitcoin on January 22. This marks its largest acquisition of the crypto this year. The recent BTC acquisition was spotted by blockchain analytics platform Arkham Intelligence.
The CEO of the largest asset manager in the world says that Bitcoin (BTC) could see drastically higher prices if sovereign wealth funds begin accumulating.