Tag: ETF

BlackRock Launches New ETF Focused On Blockchain And Technology

With $10 trillion worth of assets under management, Blackrock has officially announced the launch of a new ETF called the iShares exchange-traded fund that will give customers access to crypto markets without having an actual investment in Bitcoin or Ethereum. BlackRock is an American investment management company working across borders, known as the world’s largest asset manager. The primary motive of the recent move is to concentrate on cryptocurrency, tech companies, and blockchain technology. BlackRock intends to attract rich corporate entities to do business in the crypto space without direct…

Samsung to List Blockchain ETF on the HKEX

Samsung Asset Management Co., Ltd., a Seoul-based investment arm of Samsung Group, announced on Thursday that it plans to list a Blockchain exchange-traded fund (ETF) on the Hong Kong Exchange (HKEX) in the first half of this year, according to the Korea Economic Daily. The Samsung Group’s investment subsidiary said that the new investment product is the first ETF that will track cryptocurrencies and blockchain tech companies listed in Asia. The listing plans follow the Samsung asset management company’s acquisition of a 20% stake in US ETF sponsor Amplify Holding…

World’s Largest Asset Manager BlackRock Launches New Crypto-Focused Exchange-Traded Fund (ETF)

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Investment management behemoth BlackRock is launching a new crypto-focused exchange-traded fund (ETF) that aims to track cutting-edge blockchain firms. According to a recent company announcement, the $10 trillion asset management company is launching the iShares Blockchain and Tech ETF (IBLC), a global fund that would allow investors to gain exposure to emerging technology centered around digital assets. “The iShares Blockchain and Tech ETF seeks to track the investment results of an index composed of US and non-US companies that are involved in the development, innovation, and utilization of blockchain and…

Blackrock Launches Blockchain ETF Offering Investors Exposure to Crypto Sector – Finance Bitcoin News

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The world’s largest asset manager, Blackrock, has launched a blockchain exchange-traded fund (ETF). The fund, trading on the NYSE Arca, gives investors exposure to “companies that are involved in the development, innovation, and utilization of blockchain and crypto technologies.” Blackrock Debuts Blockchain ETF Blackrock, the world’s largest asset manager with $10 trillion in assets under management, announced the launch of its Ishares Blockchain and Tech ETF (ticker: IBLC) Wednesday. The new exchange-traded fund (ETF) is trading on the NYSE Arca. The asset manager explained: The Ishares Blockchain and Tech ETF…

BlackRock launches blockchain industry ETF, names crypto as 1 of 3 big opportunities

BlackRock has officially launched a blockchain focused ETF, that provides investors with exposure to the crypto and blockchain industry without needing to directly own digital assets.  On Wednesday, the world’s largest asset manager, which currently manages approximately $10 trillion in assets, added the Blockchain and Tech ETF (IBLC) to its iShares product line. The $4.7 million ETF does not directly own cryptocurrencies or digital assets themselves, but instead tracks an array of international companies that are involved in the industry. The ETF is comprised of 41 separate holdings, with the…

Purpose Bitcoin ETF adds 1.1K BTC as data hints investors want to ‘buy the dip’

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The world’s first Bitcoin (BTC) spot price exchange-traded fund (ETF) is buying BTC again after a month of selling. Data from on-chain monitoring resource Coinglass confirms that on April 27, Canada’s Purpose Bitcoin ETF added 1,132 BTC to its holdings. Data: Buy the dip interest “skyrocketing” Despite fears that Bitcoin is not yet done with its sell-off, an about turn at Purpose hints at increasing institutional demand. Beginning March 28, when BTC/USD traded above $48,000, Purpose began reducing its exposure, which at the time totaled 36,321 BTC. Wednesday’s increase is…

GBTC premium nears 2022 high as SEC faces call to approve Bitcoin ETF ‘people really want’

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Things are looking up for the United States’ largest institutional Bitcoin (BTC) product by asset holdings as pressure mounts on regulators. Data from on-chain monitoring resource Coinglass confirms that as of April 21, the Grayscale Bitcoin Trust (GBTC) is rebounding toward 2022 highs. Grayscale CEO: “‘If’ not ‘when’” for U.S. Bitcoin spot ETF After a problematic year so far, GBTC has benefitted from steadying Bitcoin price action. Bitcoin’s descent from November’s all-time highs added to an already negative “premium” on GBTC, meaning that its share price in fact traded at…

Simplify files with SEC for Bitcoin Strategy Risk-Managed Income ETF

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Asset manager Simplify has filed a registration statement with the United States Securities and Exchange Commission to list shares of an exchange-traded fund linked to Bitcoin futures, Treasury securities, and options. In a Wednesday filing, Simplify applied with the SEC for an investment vehicle based on a Bitcoin (BTC) futures strategy, an income strategy, and an option overlay strategy. The Bitcoin Strategy Risk-Managed Income ETF, to be listed under the ticker MAXI on Nasdaq, is a series of exchange-traded funds from the asset management company. The fund will indirectly invest…