Tag: BlackRock
Tokenized Fund BUIDL Hits $1B, Ethena Allocates $200M
Tokenized Fund BUIDL Surpasses $1 Billion Milestone, Ethena Invests $200 MillionIn a recent development, the BUIDL token, a pivotal component of various yield-generating offerings and a reserve asset, has achieved a significant milestone by...
Bitcoin ETF Investors Profit-Taking Breaks 6-Day Win Streak with $400M Outflow, BlackRock Holds Inflow
Bitcoin ETF investors have decided to cash in on their profits as a six-day winning streak comes to an end, resulting in a significant $400 million outflow across various ETFs on Nov. 14. However,...
BlackRock Explores Crypto Derivatives with BUIDL as Collateral
BlackRock is exploring the crypto derivatives market by considering the use of its BUIDL fund as collateral on various centralized exchanges, such as Binance, OKX, and Deribit. This move is part of a larger...
ONDO Token Price Surges 8% Amid Discussions of BlackRock’s BUIDL as Collateral
Real-world asset tokenization platform Ondo Finance's governance token (ONDO) saw a significant 8% spike on Friday following reports of asset manager BlackRock's efforts to list its tokenized money market fund BUIDL as collateral on...
Tokenized RWA Investment: Ethena Chooses BlackRock’s BUIDL, Mountain, Superstate, and Sky’s USDS
Ethena, a decentralized finance (DeFi) protocol, recently made a significant investment decision regarding its $46 million backup fund. The protocol, known for issuing the $2.5 billion yield-generating USDe "synthetic dollar" token, announced that it...
BlackRock Stands Firm Amid $49.2M Bitcoin ETF Outflow in Ethereum Downturn
On October 8, 2024, there was a significant outflow of $49.2 million in Bitcoin ETFs, with Fidelity's FBTC ETF leading the declines at $48.8 million. However, BlackRock's IBIT ETF stood out as the only...
Coinbase Launches Tokenized Money-Market Fund Following BlackRock’s BUIDL Success
Coinbase Asset Management is venturing into the world of tokenized money-market funds, as reported by four sources familiar with the initiative. This move comes amidst a growing trend in the crypto space towards tokenization...
Competitive 0.25% Fee for BlackRock’s Spot Ethereum ETF – Latest Filings Update
Several applicants for spot Ethereum (ETH) ETFs have recently submitted S-1 amendments to the SEC, outlining sponsor fees and waiver details in preparation for a potential trading launch next week. In the latest filings,...
BlackRock Surpasses $10 Trillion in Assets Under Management
BlackRock, the world's largest asset manager, recently announced that its assets under management (AUM) have surpassed an impressive $10 trillion in the second quarter. This marks a significant increase of almost 13% from the...
