Major investors are turning towards IBIT, an ETF with unusually low volatility, according to recent observations by Bloomberg Senior ETF Analyst Eric Balchunas on X. The 90-day rolling […]
Goldman Sachs Doubles Down on IBIT Investment, Tops Institutional Holdings
Goldman Sachs has significantly expanded its investment in the Invesco Bitcoin Trust (IBIT), boosting its stake to an impressive $1.4 billion. This increase marks a notable shift for […]
Michael Saylor Predicts BlackRock’s Bitcoin ETF Will Become World’s Largest
In a bold prediction, Michael Saylor, CEO of Strategy and known for his long-term vision on bitcoin, believes BlackRock’s IBIT Bitcoin ETF will become the world’s largest ETF […]
Michael Saylor Predicts BlackRock’s Bitcoin ETF to Become the World’s Largest
Michael Saylor, Executive Chairman of Strategy Inc., believes Blackrock’s iShares Bitcoin ETF (IBIT) will become the world’s largest exchange-traded fund within ten years. This prediction comes as Strategy […]
Michael Saylor Bets on BlackRock’s IBIT to Dominate the ETF Market
BlackRock’s Bitcoin exchange-traded fund (IBIT), launched in January 2024, has already secured over $53 billion in assets, achieving a record-breaking pace of growth within seven weeks. Following a […]
Record Daily Outflow Hits $420 Million on IBIT
IBIT experienced a massive net outflow of $420.56 million yesterday, equivalent to 5,002 BTC units. This unprecedented daily withdrawal marks the highest single-day outflow recorded since the platform’s […]
IBIT Sees Significant Outflow Amidst High Trading Activity
Trading activity on February 26th led to a substantial net outflow of $161.99 million from IBIT, as reported by BlockBeats. This significant trading volume reached an impressive $5.1 […]