Bitcoin
Bitcoin (BTC)
$94,771.00 -0.56706
Bitcoin price
Ethereum
Ethereum (ETH)
$1,817.71 -0.6325
Ethereum price
BNB
BNB (BNB)
$598.37 1.77559
BNB price
Solana
Solana (SOL)
$146.85 0.04311
Solana price
XRP
XRP (XRP)
$2.14 -1.78317
XRP price
Shiba Inu
Shiba Inu (SHIB)
$0.0000127 0.0161
Shiba Inu price
Pepe
Pepe (PEPE)
$0.000008 -1.95228
Pepe price
Bonk
Bonk (BONK)
$0.0000171 2.32261
Bonk price
dogwifhat
dogwifhat (WIF)
$0.552457 0.86593
dogwifhat price
Popcat
Popcat (POPCAT)
$0.38351 4.27933
Popcat price
Bitcoin
Bitcoin (BTC)
$94,771.00 -0.56706
Bitcoin price
Ethereum
Ethereum (ETH)
$1,817.71 -0.6325
Ethereum price
BNB
BNB (BNB)
$598.37 1.77559
BNB price
Solana
Solana (SOL)
$146.85 0.04311
Solana price
XRP
XRP (XRP)
$2.14 -1.78317
XRP price
Shiba Inu
Shiba Inu (SHIB)
$0.0000127 0.0161
Shiba Inu price
Pepe
Pepe (PEPE)
$0.000008 -1.95228
Pepe price
Bonk
Bonk (BONK)
$0.0000171 2.32261
Bonk price
dogwifhat
dogwifhat (WIF)
$0.552457 0.86593
dogwifhat price
Popcat
Popcat (POPCAT)
$0.38351 4.27933
Popcat price
Bitcoin
Bitcoin (BTC)
$94,771.00 -0.56706
Bitcoin price
Ethereum
Ethereum (ETH)
$1,817.71 -0.6325
Ethereum price
BNB
BNB (BNB)
$598.37 1.77559
BNB price
Solana
Solana (SOL)
$146.85 0.04311
Solana price
XRP
XRP (XRP)
$2.14 -1.78317
XRP price
Shiba Inu
Shiba Inu (SHIB)
$0.0000127 0.0161
Shiba Inu price
Pepe
Pepe (PEPE)
$0.000008 -1.95228
Pepe price
Bonk
Bonk (BONK)
$0.0000171 2.32261
Bonk price
dogwifhat
dogwifhat (WIF)
$0.552457 0.86593
dogwifhat price
Popcat
Popcat (POPCAT)
$0.38351 4.27933
Popcat price
Bitcoin
Bitcoin (BTC)
$94,771.00 -0.56706
Bitcoin price
Ethereum
Ethereum (ETH)
$1,817.71 -0.6325
Ethereum price
BNB
BNB (BNB)
$598.37 1.77559
BNB price
Solana
Solana (SOL)
$146.85 0.04311
Solana price
XRP
XRP (XRP)
$2.14 -1.78317
XRP price
Shiba Inu
Shiba Inu (SHIB)
$0.0000127 0.0161
Shiba Inu price
Pepe
Pepe (PEPE)
$0.000008 -1.95228
Pepe price
Bonk
Bonk (BONK)
$0.0000171 2.32261
Bonk price
dogwifhat
dogwifhat (WIF)
$0.552457 0.86593
dogwifhat price
Popcat
Popcat (POPCAT)
$0.38351 4.27933
Popcat price

BlackRock seeks to purchase more Bitcoin ETFs

Dorian Batycka
Edited by
News
BlackRock seeks to purchase more Bitcoin ETFs

Investment giant BlackRock has filed a new application with the U.S. Securities and Exchange Commission (SEC) to buy more Bitcoin (BTC) ETFs.

According to an updated filing on the regulator’s website, BlackRock wants to buy more Bitcoin ETFs for its Strategic Income Opportunities Fund.

“The Fund may acquire shares in exchange-traded products (“ETPs”) that seek to reflect generally the performance of the price of bitcoin by directly holding bitcoin (“Bitcoin ETPs”), including shares of a Bitcoin ETP sponsored by an affiliate of BlackRock.”

BlackRock filing

BlackRock’s fund, listed under the ticker symbol IBIT, is currently considered the best-performing fund on the market. It accounts for about half of the total trading volume of spot BTC-ETFs on the market. According to data from March 5, BlackRock IBIT’s trading volume reached $2.4 billion, and assets under management (AUM) exceeded $11 billion.

The fate of an Ethereum (ETH) ETF remains unknown. On March 4, the SEC again postponed its decision on the application for the issue of Ethereum-ETF, submitted by BlackRock in November 2023. The commission said it would conduct further analysis of the proposed rule change to determine whether it complies with the Securities Act, which, among other things, establishes national exchange rules on securities.