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BlackRock news

Bitcoin price fell below $66,000 with a further correction into the range of $68,000

On the night of March 15, 2024, the price of bitcoin briefly fell to $66,700. Then the cryptocurrency successfully recovered the lost positions.

Michael Saylor believes that Bitcoin will «eat» gold and draw funds from other assets

Michael Saylor, one of the founders of technology giant MicroStrategy, boldly stated that bitcoin will "absorb" gold and become a more valuable asset than traditional precious metals.

Franklin Templeton has filed an application with the SEC to register a spot Ethereum-ETF

Investment firm Franklin Templeton has filed an application with the U.S. Securities and Exchange Commission (SEC) to create a spot Ethereum ETF.

BlackRock is ready to buy Bitcoin and increase its share in portfolio

Financial giant BlackRock is considering increasing its investment in bitcoin, the first cryptocurrency. Currently, bitcoin only makes up a small portion of BlackRock's total funds..

Facebook and Instagram are ready to provide their platforms for advertising Bitcoin ETFs

Facebook and Instagram are considering advertising for bitcoin-ETFs, Nate Geraci, president of investment advisory firm ETF Store, said on his X (formerly Twitter) account.

The Fed left interest rates unchanged

On the last day of January 2024, the Federal Open Market Committee (FOMC) of the US Federal Reserve met.

Nine spot Bitcoin ETFs hold 150,846 BTC

According to BitMEX exchange data, nine spot bitcoin ETFs, not including Grayscale Investments' offering, currently control 150,846 BTC.

Google has authorized advertising for cryptocurrency ETFs

Google has given the green light to promote cryptocurrency ETFs. Companies such as VanEck, BlackRock and Franklin Templeton, which offer dot-com bitcoin funds, have already started..

SEC expectedly postpones decision on BlackRock spot Ethereum ETF until March

On January 24, 2024, the U.S. Securities and Exchange Commission (SEC) decided to push back the date for making a decision on BlackRock's spot Ethereum-ETF..

The FTX exchange sold 22 million shares of GBTC, gaining about $1 billion

According to a report from CoinDesk, bursting cryptocurrency exchange FTX has sold shares of its spot bitcoin fund ETF to Grayscale Investments for an impressive $1 billion.

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