BlackRock
Invesco Reapplies for Bitcoin ETF, Advocates for More Crypto Investment Products
Investment management company Invesco (IVZ) and asset management firm WisdomTree reapplied for a spot bitcoin (BTC) exchange-traded fund (ETF) in light of BlackRock’s (BLK) recent application. "First Mover" hosts discuss the crypto market's reaction to TradFi players advocating for more crypto products.
Bitcoin Briefly Tops $29K Amid Institutional Interest
Bitcoin (BTC), the world’s largest cryptocurrency by market value, is rallying Wednesday as investment management company Invesco (IVZ) reapplied for a spot bitcoin (BTC) exchange-traded fund (ETF), following a similar move by BlackRock. eToro U.S. investment analyst Callie Cox discusses her outlook for the crypto markets and institutional demand for bitcoin.
BlackRock's iShares Files Paperwork for Spot Bitcoin ETF; Binance Global Fallout
The iShares unit of fund management giant BlackRock (BLK) filed paperwork Thursday afternoon with the U.S. Securities and Exchange Commission (SEC) for the formation of a spot bitcoin (BTC) ETF. Separately, Binance's French unit undergoes investigation by local authorities for potential money laundering. The exchange is also leaving the Netherlands after failing to acquire a license from the Dutch regulator. "First Mover" hosts weigh in.
Bitcoin Above $25K as BlackRock ETF Filing Fuels Bullish Outlook
The iShares unit of fund management giant BlackRock (BLK) has filed paperwork with the U.S. Securities and Exchange Commission (SEC) for the formation of a spot bitcoin (BTC) ETF. The news spurred a slight change in market movements early on Friday, fueling a bullish outlook among some traders. Bitcoin quickly regained the $25,500 level, erasing losses from the past two days when it fell to as low as $24,860. Anthony Georgiades, Innovating Capital General Partner and Pastel Network co-founder shares his bitcoin price analysis and outlook.
BlackRock Close to Filing for Bitcoin ETF Application: Source
BlackRock, the world's biggest asset manager, is close to filing an application for a Bitcoin ETF (exchange traded fund), according to a person familiar with the matter. BlackRock will be using Coinbase (COIN) Custody for the ETF and the crypto exchange’s spot market data for pricing, the person said. Coinbase declined to comment. "The Hash" panel discusses the firm's move into the crypto space.
BlackRock CEO Predicts Tokenization Is the Future of Markets
"The next generation for markets, the next generation for securities, will be tokenization of securities," BlackRock CEO Larry Fink said during the New York Times DealBook event. "The Hash" panel discusses the outlook for tokenized assets and the overall crypto ecosystem.
Bitcoin Holds Above $24K Amid Improving Sentiment
Cryptocurrencies are mostly higher Friday as bullish sentiment returns into the weekend, with bitcoin (BTC) trading around $24K. CoinDesk’s Brad Keoun and Christie Harkin discuss this week’s developments potentially driving upward momentum of the crypto markets, including BlackRock’s partnership with Coinbase and the Tornado Cash saga.
Crypto’s Institutional Boost
Institutional interest in crypto on the rise, with BlackRock’s bitcoin fund as one example. What signal is that institutional interest giving to investors? Australia proving attractive to the crypto sector. More on those stories in this special edition of "The Daily Forkast."
