BlackRock Spot Bitcoin ETF Launches In Brazil, ETF Market Secures 4% Of Total BTC Supply

BlackRock Spot Bitcoin ETF Launches In Brazil, ETF Market Secures 4% Of Total BTC Supply

[ad_1] BlackRock, the world’s largest asset manager, announced the iShares Bitcoin Trust ETF (IBIT39) launch in Brazil on Thursday. Starting today, Friday, March 1, shares of this index fund, which tracks the spot price of Bitcoin (BTC), will be traded on the Brazilian Commodities and Futures Exchange, known as B3. BlackRock Launches IBIT39 Bitcoin ETF … Read more

Grayscale GBTC Selling Accelerates but Bitcoin ETF Inflows Remain Positive, Led by BlackRock

Grayscale GBTC Selling Accelerates but Bitcoin ETF Inflows Remain Positive, Led by BlackRock

[ad_1] The large outflow could perhaps indicate that crypto lender Genesis started or ramped up the pace of unloading its GBTC holdings, capitalizing on bitcoin’s rally. Genesis received bankruptcy court approval on Feb. 14 to sell 35 million GBTC shares – then worth $1.3 billion, now roughly $1.9 billion – but outflows from GBTC were … Read more