By Wayne Jones BlackRock has facilitated more than $5 billion in Bitcoin-for-ETF-share swaps from private wallets into its IBIT fund, after cutting the minimum size for such in-kind transactions to $1 million in July. The shift gives investors a way to keep Bitcoin exposure while moving custody into a regulated ETF structure, with security concerns […]
Tag: ETF
Solana is seeing a sharp rise in institutional demand and onchain activity, even as SOL price remains well below its historic peak. U.S. spot Solana ETFs have recorded inflows for five consecutive sessions, pushing cumulative net inflows to a record $1.22 billion. Data from Farside Investors shows Bitwises BSOL accounts for the majority of Solana […]
By Jordan Lyanchev Bitcoin’s rally that began a week ago culminated yesterday with a surge to over $81,000 for the first time since May, when the asset was halted and driven south by a few grand. Most larger-cap alts followed a similar trajectory, with XRP slumping by over 4%, while ZEC dumped by more than […]