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BlackRock’s $20 Billion IBIT Now the World’s Largest Bitcoin ETF
BlackRock’s $20 Billion IBIT Now the World’s Largest Bitcoin ETF
Bitcoin  •  Business  •  May 29, 2024 by Deniz Saat

BlackRock's spot Bitcoin exchange-traded fund (ETF), the iShares Bitcoin Trust (IBIT), has surpassed Grayscale's Bitcoin Trust (GBTC) to become the world's largest Bitcoin ETF. As of May 28th, IBIT manages over $20 billion in assets with a holding of 288,670 Bitcoin. This exceeds

NYSE Set To Introduce Products Tracking Bitcoin Spot Prices
NYSE Set To Introduce Products Tracking Bitcoin Spot Prices
Bitcoin  •  Business  •  May 29, 2024 by Deniz Saat

The New York Stock Exchange (NYSE) has revealed plans to introduce financial products linked to Bitcoin's spot price. The NYSE is teaming up with CoinDesk Indices to create cash-settled index options that will monitor the CoinDesk Bitcoin Price Index (XBX). The XBX, which provides a real-time spot price

Goldman Sachs Digital Assets Chief Hails Bitcoin ETFs as an 'Astonishing Success'
Goldman Sachs Digital Assets Chief Hails Bitcoin ETFs as an 'Astonishing Success'

Goldman Sachs has shifted its stance on Bitcoin, now praising the new spot Bitcoin ETFs as an "astonishing success" after years of skepticism. At the Consensus 2024 conference hosted by CoinDesk, Mathew McDermott, Goldman's global head of digital assets, highlighted the SEC's approval of

Bitcoin  •  Business  •  May 30, 2024
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Goldman Sachs Digital Assets Chief Hails Bitcoin ETFs as an 'Astonishing Success'
Goldman Sachs Digital Assets Chief Hails Bitcoin ETFs as an 'Astonishing Success'

Goldman Sachs has shifted its stance on Bitcoin, now praising the new spot Bitcoin ETFs as an "astonishing success" after years of skepticism. At the Consensus 2024 conference hosted by CoinDesk, Mathew McDermott, Goldman's global head of digital assets, highlighted the SEC's approval of

Bitcoin  •  Business  •  May 30, 2024
BlackRock’s $20 Billion IBIT Now the World’s Largest Bitcoin ETF
BlackRock’s $20 Billion IBIT Now the World’s Largest Bitcoin ETF

BlackRock's spot Bitcoin exchange-traded fund (ETF), the iShares Bitcoin Trust (IBIT), has surpassed Grayscale's Bitcoin Trust (GBTC) to become the world's largest Bitcoin ETF. As of May 28th, IBIT manages over $20 billion in assets with a holding of 288,670 Bitcoin. This exceeds

Bitcoin  •  Business  •  May 29, 2024
NYSE Set To Introduce Products Tracking Bitcoin Spot Prices
NYSE Set To Introduce Products Tracking Bitcoin Spot Prices

The New York Stock Exchange (NYSE) has revealed plans to introduce financial products linked to Bitcoin's spot price. The NYSE is teaming up with CoinDesk Indices to create cash-settled index options that will monitor the CoinDesk Bitcoin Price Index (XBX). The XBX, which provides a real-time spot price

Bitcoin  •  Business  •  May 29, 2024
Metaplanet Set To Acquire an Additional ¥250 Million in Bitcoin
Metaplanet Set To Acquire an Additional ¥250 Million in Bitcoin

Metaplanet Inc. (TSE Standard: 3350), a publicly traded company in Japan, has announced an increase in its Bitcoin holdings.  During a recent board of directors meeting, the company decided to purchase an additional ¥250 million worth of Bitcoin, equivalent to approximately $1.6 million USD. The company has outlined its

Bitcoin  •  Business  •  May 28, 2024
Bitcoin ETPs Make Their Debut on the London Stock Exchange
Bitcoin ETPs Make Their Debut on the London Stock Exchange

The first Bitcoin exchange-traded products (ETPs) have started trading on the London Stock Exchange (LSE) after receiving approval from the UK's Financial Conduct Authority (FCA). Asset managers WisdomTree and 21Shares both listed Bitcoin ETPs on the LSE. Last week, the FCA authorized the listing of Bitcoin ETNs on

Bitcoin  •  Markets  •  May 28, 2024
White House Expresses Enthusiasm To Collaborate With Congress on Crypto Framework Bill
White House Expresses Enthusiasm To Collaborate With Congress on Crypto Framework Bill

The Executive Office of President Joe Biden has issued a Statement of Administration Policy concerning H.R. 4762, the Financial Innovation and Technology Act of 2021 (FIT 21).  This legislation seeks to establish clear guidelines for Bitcoin and other digital assets. The Chamber of Digital Commerce, an advocacy group for

Bitcoin  •  News  •  May 22, 2024
Bitcoin ETPs Approved for Listing on the London Stock Exchange
Bitcoin ETPs Approved for Listing on the London Stock Exchange

The UK's Financial Conduct Authority (FCA) has approved WisdomTree’s application to list Bitcoin and Ethereum exchange-traded products (ETPs) on the London Stock Exchange (LSE). WisdomTree's Physical Bitcoin ETPs are scheduled to start trading on May 28th and will initially be accessible only to professional investors.

Bitcoin  •  News  •  May 22, 2024
Judge Rules That Craig Wright Lied About Inventing Bitcoin
Judge Rules That Craig Wright Lied About Inventing Bitcoin

A UK judge has ruled that Craig Wright, who claimed to be Satoshi Nakamoto, the creator of Bitcoin, lied extensively and forged documents during a high-profile trial. In a 231-page judgment, Justice James Mellor stated that Wright "lied to the court repeatedly" and engaged in large-scale forgery in

Bitcoin  •  News  •  May 20, 2024
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