Financial Insights That Matter Nasdaq has proposed a rule change to the SEC to allow in-kind creation and redemption for the BlackRock iShares Bitcoin Trust (IBIT). This adjustment would let authorized participants (APs) use Bitcoin or cash to create or redeem fund shares. In-kind processes, where APs directly transact in Bitcoin, enhance efficiency, enabling APs […]
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Financial Insights That Matter The first week of President Donald J. Trump’s return to the White House is nearing its end, and the country’s leader has so far fulfilled many of his promises in his campaign, with the latest one being his commitment to cryptocurrency. The President of the United States (POTUS) has recently signed […]
Financial Insights That Matter Large investors have been driving Bitcoin price gains since the U.S. election, with their holdings increasing from 16.2 million to 16.4 million BTC, according to data from CryptoQuant. In contrast, small investors reduced their holdings from 1.75 million to 1.69 million BTC during the same period. Bitcoin ETFs are now the […]
Financial Insights That Matter A prominent crypto analyst says deep-pocketed investors have been spotted loading up huge amounts of Ethereum (ETH). Trader Ali Martinez tells his 119,200 followers on the social media platform X that crypto whales gobbled up more than $3.80 billion worth of Ethereum in a two-day span. “Whales have bought over 1.14 […]
Financial Insights That Matter There’s a growing interest in alternative assets like gold (GC=F) and bitcoin (BTC-USD). On a recent episode of Opening Bid BlackRock Chief Investment & Portfolio Strategist, Americas, Gargi Chaudhuri spoke with Yahoo Finance Executive Editor Brian Sozzi, highlighting gold’s longstanding valuable role, particularly during times of geopolitical stress. She says “Gold […]
Financial Insights That Matter Bitcoin is demonstrating resilience after a volatile week marked by an undecisive market. Holding strong above the critical $104,000 level, the leading cryptocurrency appears well-positioned for continued growth. Despite fluctuations, Bitcoin’s ability to maintain this support has boosted confidence among investors, many of whom are anticipating further upward momentum in the […]
Financial Insights That Matter The cryptocurrency industry notched two major victories last year when several fund issuers secured long-awaited approvals to offer spot Bitcoin exchange-traded funds and their Ethereum-based counterparts in the U.S. But that doesn’t mean issuers are ready to rest on their laurels just yet. In recent months, fund managers have proposed new […]
Financial Insights That Matter When Italian financial power broker Mediobanca helped its longtime client Monte dei Paschi di Siena structure a make-or-break capital raising in 2022, little did it know it would ultimately become a takeover target for the former poster child of the country’s failed banking system. On Friday, MPS astonished investors by launching […]
Financial Insights That Matter By Aditya Kalra NEW DELHI (Reuters) – India’s Religare Enterprises said a U.S. businessman has made a proposal to acquire a 26% stake in it, the latest twist in the battle for control of the financial services company which has rejected another bid as being priced too low. The Indian billionaire […]