The BlackRock BUIDL fund is the firm’s first tokenized money Market fund, enabling traditional financial products to be traded as digital tokens on blockchains. As a mutual fund, it invests in high liquidity, short-term debt instruments like US Treasury bills and cash, offering investors a way to earn income without significant capital risk. BUIDL has ...
Economist Peter Schiff has criticized BlackRock CEO Larry Fink for suggesting that Bitcoin could challenge the U.S. dollar as the world’s reserve currency. Schiff believes Fink’s comments are aimed at promoting BlackRock’s new Bitcoin exchange-traded fund (ETF). He argues that Bitcoin’s volatility makes it unsuitable as an alternative to the dollar, asserting that gold, with ...
Larry Fink, the CEO of BlackRock, warns that the US dollar might lose its dominance to Bitcoin, a view echoed by Senator Cynthia Lummis. Fink highlights the risks of rising US debt and emphasizes the need for digital assets like Bitcoin to maintain economic stability. He believes decentralized finance could undermine the dollar’s supremacy. With ...
In his 2025 letter to shareholders, BlackRock CEO Larry Fink highlighted the potential of Bitcoin to challenge the U.S. dollar’s position as the global reserve currency. Fink warned that if the U.S. fails to manage its growing debt, digital assets like Bitcoin could emerge as serious competitors. He referred to Bitcoin multiple times, suggesting that ...
In his 2025 letter to shareholders, BlackRock’s CEO Larry Fink acknowledged that Bitcoin could potentially rival the U.S. dollar as the world’s dominant currency. He emphasized that if the U.S. does not manage its debt effectively, Bitcoin may emerge as a more stable value store for investors. Fink referenced Bitcoin multiple times, indicating its growing ...
BlackRock’s Ethereum-native tokenized money Market fund, the USD Institutional Digital Liquidity Fund (BUIDL), has surged over three times in value, approaching $2 billion in just three weeks. The fund increased from $615 million to $1.87 billion, driven by a rise in demand for secure digital assets. This growth showcases the strong institutional interest in tokenized ...
BlackRock is making waves in Europe’s cryptocurrency Market by launching a physically backed Bitcoin exchange-traded product (ETP), known as the iShares Bitcoin ETP (IB1T). With an initial expense ratio of 0.15%, this fee will increase to 0.25% later in the year. The IB1T is based in Switzerland and relies on secure Bitcoin storage through Coinbase, ...
BlackRock is launching its iShares Bitcoin ETP (IB1T) in Europe, marking a significant step into the cryptocurrency Market. This Bitcoin exchange-traded product features a low total expense ratio of 0.15%, which will increase to 0.25% at the end of the year. The ETP is physically backed by Bitcoin stored securely with Coinbase and trades on ...
BlackRock, the largest asset manager globally, has introduced a Bitcoin exchange-traded product (ETP) in Europe, launching its iShares Bitcoin ETP on March 25 across major stock exchanges including Xetra and Euronext. This product follows the company’s successful Bitcoin ETF in the US, which holds over $50 billion in assets. The new ETP features lower fees, ...
Spot Bitcoin exchange-traded funds (ETFs) in the US have ended a five-week streak of net outflows, recording a significant net inflow of $744.4 million for the week ending March 21. This surge, the largest in eight weeks, was driven primarily by BlackRock’s iShares Bitcoin Trust, which saw an inflow of $537.5 million. On the other ...
