BitcoinBeginnerBlackRock, the world’s largest asset manager, has achieved a significant milestone in the cryptocurrency market. Its iShares Bitcoin Trust ETF (IBIT) currently has more net assets than the iShares Gold ETF (IAU). This is an impressive result, given that the Bitcoin ETF was only created in January…
#blackrock#crypto#donald-trump
GeneralBeginnerInvestment giants BlackRock and Microsoft are teaming up to launch a massive artificial intelligence-focused fund, with an initial target of over $30 billion. This ambitious venture aims to fuel the rapid growth of AI technology and accelerate its integration into various industries. The megafund…
#ai#blackrock#microsoft
BitcoinBeginnerBitwise Asset Management’s Chief Investment Officer, Matt Hougan, has observed a significant surge in wealth advisors adopting Bitcoin exchange-traded funds (ETFs). This trend is driven by several factors, including the increasing institutional interest in Bitcoin, regulatory clarity, and the…
#blackrock#crypto#etfs
ArbitrumBeginnerOndo Finance, a leading decentralized finance (DeFi) protocol, has announced the expansion of its USDY yield coin to the Arbitrum network. This strategic move aims to provide users with enhanced accessibility, lower transaction fees, and faster settlement times. USDY, a stablecoin backed by a…
#blackrock#defi#tokens
EthereumBeginnerBlackRock’s highly anticipated spot Ether exchange-traded fund (ETF) has experienced a meteoric rise since its launch on July 23, amassing nearly $900 million in inflows. The iShares Ethereum Trust (ETHA) has seen a particular surge in interest, with $109.9 million flowing in on August 6 alone.…
#blackrock#crypto#etfs
GeneralBeginnerA new report suggests tokenized U.S. treasuries, a digital representation of traditional government bonds, could reach a market size of $3 billion by the end of 2024. This signifies a potential surge in this nascent market, driven by the efficiency and accessibility benefits of blockchain…
#blackrock#crypto#tokens
GeneralBeginnerBlackRock’s foray into digital assets has seen a meteoric rise. In just six weeks, its tokenized treasury fund, BUIDL, has dethroned Franklin Templeton’s year-old offering to become the world’s largest. BUIDL, which represents the BlackRock USD Institutional Digital Liquidity Fund, surpassed $368…
#blackrock#stablecoins#tokens
GeneralBeginnerThe transfers included a CryptoDickbutts S3 NFT and the Ordinals Pepe (PEPE) coin, which is based on Bitcoin. After onchain investigators discovered one of BlackRock’s purported wallets linked to a fresh tokenization fund. The massive asset management company now possesses at least $40,000 in…
#blackrock#nfts