Bitcoin price back at $100k could trigger profit-taking, analysts warn

As Bitcoin nears $100,000, market watchers anticipate short-term consolidation, though the asset’s uptrend is likely to continue. Bitcoin (BTC) price returning to $100,000 could prompt “short-term consolidation,” analysts warn, though the long-term outlook for the cryptocurrency remains positive. While key…

BlackRock to allocate up to 2% of model portfolio to IBIT Bitcoin ETF

BlackRock, the world’s largest asset manager with over $10 trillion in assets under management, is incorporating Bitcoin into its own model portfolio. According to a Bloomberg report on Feb. 28, the asset manager will allocate 1% to 2% of its…

Bitcoin investor Stephen Weiss cuts exposure as ‘momentum dies’

New Jersey-based investor Stephen Weiss took profits from his Bitcoin position via BlackRock’s iShares ETF.

Wisconsin, Abu Dhabi disclose hundreds of millions in Bitcoin ETFs

Wisconsin more than doubled its Bitcoin exposure in three months, while Abu Dhabi’s sovereign wealth fund disclosed its public BTC purchase.

BlackRock to list Bitcoin ETP in Europe: report

BlackRock plans to launch its first Bitcoin exchange-traded product in Europe following the success of its $58 billion U.S. Bitcoin ETF. The fund is expected to be domiciled in Switzerland, sources familiar with the matter told Bloomberg.  BlackRock could begin…

BlackRock Files To Change Its Bitcoin ETF To Allow For In-Kind Redemptions — Good News For BTC?

Asset management giant BlackRock is pushing for a significant update to its spot Bitcoin (BTC) exchange-traded fund, the iShares Bitcoin Trust.