Bitcoin
Bitcoin (BTC)
$65,999.00 -0.82468
Bitcoin price
Ethereum
Ethereum (ETH)
$3,444.07 -0.21896
Ethereum price
BNB
BNB (BNB)
$585.56 0.98111
BNB price
Solana
Solana (SOL)
$174.17 -1.08036
Solana price
XRP
XRP (XRP)
$0.6024380 0.5395
XRP price
Shiba Inu
Shiba Inu (SHIB)
$0.0000172 -0.02884
Shiba Inu price
Pepe
Pepe (PEPE)
$0.0000122 4.09406
Pepe price
Bonk
Bonk (BONK)
$0.0000283 -0.13564
Bonk price
Bitcoin
Bitcoin (BTC)
$65,999.00 -0.82468
Bitcoin price
Ethereum
Ethereum (ETH)
$3,444.07 -0.21896
Ethereum price
BNB
BNB (BNB)
$585.56 0.98111
BNB price
Solana
Solana (SOL)
$174.17 -1.08036
Solana price
XRP
XRP (XRP)
$0.6024380 0.5395
XRP price
Shiba Inu
Shiba Inu (SHIB)
$0.0000172 -0.02884
Shiba Inu price
Pepe
Pepe (PEPE)
$0.0000122 4.09406
Pepe price
Bonk
Bonk (BONK)
$0.0000283 -0.13564
Bonk price
Bitcoin
Bitcoin (BTC)
$65,999.00 -0.82468
Bitcoin price
Ethereum
Ethereum (ETH)
$3,444.07 -0.21896
Ethereum price
BNB
BNB (BNB)
$585.56 0.98111
BNB price
Solana
Solana (SOL)
$174.17 -1.08036
Solana price
XRP
XRP (XRP)
$0.6024380 0.5395
XRP price
Shiba Inu
Shiba Inu (SHIB)
$0.0000172 -0.02884
Shiba Inu price
Pepe
Pepe (PEPE)
$0.0000122 4.09406
Pepe price
Bonk
Bonk (BONK)
$0.0000283 -0.13564
Bonk price
Bitcoin
Bitcoin (BTC)
$65,999.00 -0.82468
Bitcoin price
Ethereum
Ethereum (ETH)
$3,444.07 -0.21896
Ethereum price
BNB
BNB (BNB)
$585.56 0.98111
BNB price
Solana
Solana (SOL)
$174.17 -1.08036
Solana price
XRP
XRP (XRP)
$0.6024380 0.5395
XRP price
Shiba Inu
Shiba Inu (SHIB)
$0.0000172 -0.02884
Shiba Inu price
Pepe
Pepe (PEPE)
$0.0000122 4.09406
Pepe price
Bonk
Bonk (BONK)
$0.0000283 -0.13564
Bonk price

BlackRock seeks to purchase more Bitcoin ETFs

blackrock-seeks-to-purchase-more-bitcoin-etfs
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.