BlackRock Bitcoin ETF IBIT Crossed $15B in AUM, Launches New Ads
BlackRock has started heavy advertising for its IBIT Bitcoin ETF on Bloomberg’s home page to leverage its position in the current market momentum.
Bitcoin has potential as a payment technology but is not likely to become an alternative currency, according to a new report from Goldman Sachs.
BlackRock has started heavy advertising for its IBIT Bitcoin ETF on Bloomberg’s home page to leverage its position in the current market momentum.
With just 100 employees, Tether’s income per employee is 380 times higher than that of JPMorgan.
BlackRock is set to pump liquidity of its IBIT ETF by adding multiple Authorized Participants, with a new total of nine.
Goldman Sachs intends to watch from the sidelines despite the US-based Spot Bitcoin ETFs reporting $111 billion in traded volume in March, tripling the figure reported in Jan and Feb.
Amid the recent approval of the spot Bitcoin ETFs, institutional clients of Goldman Sachs have been seeking exposure to cryptocurrency derivative products.
Reddit is targeting a price range of $31 to $34 per share, which could translate to a valuation of up to $6.5 billion.
The IMF has also warned that AI could further broaden income and wealth inequality among countries. AI benefits and challenges would be key points of discussion at World Economic Forum (WEF) meeting in Davos.
Circle Internet Financial confidentially filed for an initial public offering (IPO) in the US.
Peter Oppenheimer, head of macro research in Europe at Goldman Sachs expects major global economic expansion akin to the late 19th century.
The approval of spot Bitcoin ETFs could signal a growing acceptance of cryptocurrencies within traditional financial circles.