QCP Capital, a leading subsidiary of QCP Group, has made waves in the financial world by executing a groundbreaking derivatives trade using Blackrock’s BUIDL tokenized fund as collateral. Partnering with Securitize Credit, the initiative marks a significant step forward in integrating blockchain technology with traditional financial markets, particularly for institutional investors. What Is BUIDL and […]
The Bitcoin network reached a significant technical achievement on January 3, 2025, as its hashrate—the total computing power securing the network—briefly touched 1,000 exahashes per second (EH/s). This marks a dramatic increase from just one year ago, when the network operated at around 510 EH/s. The increased hashrate shows Bitcoin miners are adding more computing […]
The anticipated crypto bull market is poised to unfold in three distinct stages over the next two years. Each phase presents unique challenges and opportunities for investors, demanding careful strategy, patience, and discipline. Below, we delve into the specifics of each stage, offering insights into how to navigate them effectively. Stage One: Bitcoin’s Journey from […]
BlackRock’s spot Bitcoin ETF experienced its highest trading volume in six months amid a continued Bitcoin rally. The BlackRock iShares Bitcoin Trust (IBIT) recorded an impressive $642.9 million in inflows on Oct. 29, based on Farside data. This marks the largest inflow since March 12, bringing the total net inflow for all Bitcoin ETFs to […]
BlackRock may be preparing to launch its own Ethereum Layer 2 (L2) network, similar to Base, according to Token Terminal. Such a move would be highly strategic, offering significant benefits for both BlackRock and institutional investors seeking efficient blockchain solutions. A key advantage of launching an L2 network is the ability to settle transactions on […]
Asset management giant BlackRock has filed paperwork with the SEC to amend its proposed spot Ethereum ETF following the recent approval for ETH ETF listings. This comes on the heels of the successful launch of several Bitcoin ETFs earlier this year. BlackRock filed an amended S-1 form for its proposed spot ether (ETH) exchange-traded fund […]
BlackRock, the world’s largest asset manager, has seen its iShares Bitcoin ETF (IBIT) amass a staggering $1 billion in assets under management (AUM) within just four days of hitting the market, as reported by Reuters. The iShares Bitcoin ETF was quick to capitalize on the U.S. Securities and Exchange Commission’s (SEC) recent approval of nearly […]
BlackRock, the world’s largest asset manager, has recently submitted a filing for an Ethereum Exchange-Traded Fund (ETF) with the US Securities and Exchange Commission (SEC). This marks the company’s second foray into the crypto ETF space, following its Bitcoin ETF application in June. The proposed iShares Ethereum Trust is designed to mirror the performance of […]
New York-based multinational investment management corporation BlackRock has announced the launch of its cryptocurrency-focused exchange-traded fund (ETF) called iShares. Like most ETFs, the product will grant customers access to the cryptocurrency market without holding real crypto assets. BlackRock is revered as the world’s largest asset manager, with an asset under management (AUM) of a jaw-dropping […]
