A Big Move as Ethereum Spikes on BlackRock’s ETF Move

November 21, 2023

New York City, New York – November 10, 2023: Asset management giant BlackRock has filed an application with the U.S. Securities and Exchange Commission (SEC) to launch a spot Ethereum exchange-traded fund (ETF). If approved, the ETF could launch in early 2024. This would be the first spot Ethereum ETF to be approved in the […]

Barclays Discloses $131M Stake in BlackRock’s Bitcoin ETF

February 24, 2025

Catenaa, Saturday, February 22, 2025 – Barclays has revealed a $131 million position in BlackRock’s iShares Bitcoin Trust (IBIT), marking its latest foray into the growing institutional adoption of Bitcoin exchange-traded funds (ETFs).  According to a regulatory filing with the U.S. Securities and Exchange Commission (SEC), the UK-based banking giant holds 2,473,064 shares of IBIT […]

BlackRock Bitcoin ETF Hits $1B Volume After Trump Win

November 7, 2024

New York, Thursday, November, 2024 – BlackRock’s spot bitcoin ETF, IBIT, saw an unprecedented $1 billion in trading volume within 20 minutes of market open on Wednesday, following Donald Trump’s presidential victory. The trading frenzy was driven by investor enthusiasm for Trump’s pro-crypto stance, which boosted bitcoin’s price to a record high of $75,000. Eric […]

BlackRock Bitcoin ETF Hits 50% Market Share

February 26, 2025

Catenaa, Wednesday, February 26, 2025-BlackRock Bitcoin exchange-traded fund (ETF) has reached a new milestone, surpassing 50% of the US Bitcoin ETF market share, even as Bitcoin ETF issuers faced a broader sell-off. The world’s largest asset manager now holds over $56.8 billion worth of Bitcoin, accounting for 50.4% of the total Bitcoin ETF holdings in […]

BlackRock Boosts Bitcoin Bet, Raises Strategy Stake to 5%

February 11, 2025

Catenaa, Tuesday, February 11, 2025 – BlackRock has increased its stake in Strategy, formerly MicroStrategy, to 5%, signaling heightened institutional confidence in Bitcoin-focused corporate strategies. The world’s largest asset manager disclosed the move in a Feb. 6 filing with the U.S. Securities and Exchange Commission.  The announcement sent Strategy’s stock up 2.8% in pre-market trading, […]

BlackRock BUIDL Approved to Back Frax USD Stablecoin

January 4, 2025

Catenaa, Saturday, January 4, 2025 – BlackRock’s BUIDL token has been approved as a backing asset for Frax Finance’s new stablecoin, frxUSD. The decision follows a governance proposal submitted by Securitize, the broker-dealer managing BlackRock’s tokenized money market fund, which was endorsed by Frax’s decentralized autonomous organization (DAO).  The frxUSD stablecoin, backed by assets held […]

BlackRock Debuts Bitcoin ETP in Europe After US Success

March 25, 2025

Catenaa, Tuesday, March 25, 2025-BlackRock launched its iShares Bitcoin ETP in Europe on Tuesday, marking its first crypto-backed exchange-traded product outside North America. The ETP is now listed on Euronext Paris and Xetra under the ticker “IB1T” and on Euronext Amsterdam as “BTCN.” The fund is backed by bitcoin held in cold storage by Coinbase […]

BlackRock Expands BUIDL Fund to Solana Blockchain

March 29, 2025

Catenaa, Saturday, March 29, 2025-BlackRock has extended its tokenized money market fund, the BlackRock USD Institutional Digital Liquidity Fund (BUIDL), to the Solana blockchain, Securitize announced Wednesday.  BUIDL, which launched in March 2024, offers on-chain access to U.S. dollar yields, holding U.S. Treasury bonds and cash. Initially on Ethereum, it has since expanded to networks […]

BlackRock Fink Warns Dollar at Risk, Backs Bitcoin Growth

April 5, 2025

Catenaa, Saturday, April 05, 2025-BlackRock CEO Larry Fink early this week warned that the US dollar’s world reserve currency status is not guaranteed, cautioning that digital assets like bitcoin could replace it if US debt continues rising. In his annual letter, Fink highlighted concerns over national debt outpacing GDP and government interest payments surpassing defense […]

BlackRock Leaves Climate Group Amid Political Pressure

January 10, 2025

Catenaa, Friday, January 10, 2025 – BlackRock, the world’s largest asset manager, has withdrawn from the Net Zero Asset Managers (NZAM) initiative, citing political scrutiny and legal challenges. The move follows similar exits by major US banks from the Net-Zero Banking Alliance after Donald Trump’s election as president.  This also come in the back drop […]

BlackRock Says US Deficits Tariffs Risk Dollar Role

April 29, 2025

Catenaa, Tuesday, April 29, 2025-BlackRock CEO Larry Fink warned that rising US deficits and protectionist trade policies could undermine the US dollar’s position as the world’s reserve currency, as global efforts to de-dollarize gain traction.  “If deficits keep ballooning, America risks losing that position to digital assets like Bitcoin,” Fink said, sounding the alarm as […]

BlackRock Seeks SEC Approval for In-Kind Bitcoin ETF

February 7, 2025

Catenaa, Friday, February 07, 2025 – The US Securities and Exchange Commission(SEC) is considering a proposal to allow in-kind redemptions for BlackRock spot Bitcoin exchange-traded fund, marking a potential shift in how the product operates. In a filing posted Thursday, February 06, the SEC acknowledged the proposal and requested public comments within 21 days after […]

BlackRock Sees 1.5-2% Real GDP Growth; Expects Fed to Start Cutting Rates Late 2024

March 15, 2024

NEW YORK, NY, Tuesday, February 27, 2024 – BlackRock, the world’s largest asset manager, projects moderate real GDP growth of 1.5-2% for the United States in 2024, according to comments made by Rick Rieder, the firm’s Chief Investment Officer (CIO), on CNBC’s “Closing Bell” program on February 15. Rieder acknowledged market concerns surrounding recent inflation […]

BlackRock to Launch Tokenized Treasury Fund

April 29, 2025

Catenaa, Wednesday, April 30, 2025-BlackRock on Monday filed with the Securities and Exchange Commission to issue digital, blockchain-tracked shares of its $150 billion Treasury Trust Fund, in a move that signals growing institutional confidence in tokenized finance. The digital shares, labeled “DLT shares,” will be available exclusively through BNY Mellon and offered only to institutional […]

BlackRock Warns Quantum Tech Threatens Bitcoin ETF

May 14, 2025

Catenaa, Wednesday, May 14, 2025-BlackRock has updated its risk disclosures for the iShares Bitcoin Trust (IBIT), warning that future advances in quantum computing could undermine the cryptographic foundations of Bitcoin, potentially threatening investor assets. BlackRock on May 9 submitted a revised S-1 filing to the U.S. Securities and Exchange Commission, warning that future advances in […]

BlackRock, FDIC Gear Up for Clash Over Bank Stake Rules

January 1, 2025

Catenaa, Wednesday, January 1, 2025 – The Federal Deposit Insurance Corporation (FDIC) and BlackRock Inc. are on a collision course over new regulatory compliance measures for large stakeholders in US banks. The FDIC has set a January 10 deadline for BlackRock, the world’s largest asset manager, to accept new oversight terms whenever it owns more […]

BlackRock, Five Others Dominate Tokenized Treasury Market

April 28, 2025

Catenaa, Monday, April 28, 2025- Six firms, led by BlackRock, account for 88% of all tokenized US Treasurys issued, according to new data released by real-world asset tracker RWA.xyz.  BlackRock’s BUIDL fund dominates the sector, with a market cap of $2.5 billion — a figure 360% higher than its nearest rival. The firm reported $11.6 […]

BlackRock’s $1.9B Bitcoin ETF Launch Spurs $93K BTC High

November 20, 2024

Catenaa, Wednesday, November 20, 2024 – BlackRock’s iShares Bitcoin Trust (IBIT) saw an unprecedented $1.9 billion in notional exposure traded on its first day of options trading, contributing to a surge in Bitcoin’s price, which hit a new all-time high of $93,900 yesterday (Tuesday 19).  The launch of options trading for the spot Bitcoin ETF […]

BlackRock’s Bitcoin ETF Crosses 500,000 BTC Milestone

December 5, 2024

Catenaa, Thursday, December 05, 2024- BlackRock’s IBIT Bitcoin ETF has achieved a historic milestone, surpassing 500,000 BTC in assets under management (AUM) with a valuation of $48 billion. This marks a significant achievement in the ETF’s trajectory, having launched less than a year ago on January 11, 2024.  Data from K33 reveals that $338.3 million […]

Global Crypto Funds See $240M Outflows Due To US Tariffs

April 8, 2025

Catenaa, Tuesday, April 08, 2025- Global cryptocurrency exchange-traded products (ETPs) experienced outflows of $240 million last week as investors pulled back due to concerns over new US trade tariffs.  According to CoinShares, Bitcoin-related ETPs were the hardest hit, with $207 million withdrawn, leaving the total assets under management at $132.6 billion—a modest increase of 0.8% […]

Now SEC Opens Public Comment On Delayed BlackRock Ether ETF

May 2, 2024

WASHINGTON, Tuesday, April 30, 2024 – The U.S. Securities and Exchange Commission (SEC) is seeking public comment on changes made to BlackRock’s proposed spot Ethereum exchange-traded fund (ETF). “Interested persons are invited to submit written data, views, and arguments concerning the foregoing, including whether the proposed rule change is consistent with the Act,” SEC said […]

Options Trading for BlackRock & Bitwise Bitcoin ETFs Begins

November 19, 2024

Catenaa, Wednesday, November 20, 2024 – Options trading for BlackRock’s iShares Bitcoin Trust (IBIT) is set to begin today on Nasdaq, with Bitwise Bitcoin ETF options scheduled to follow on Wednesday. This significant milestone is expected to amplify institutional interest in cryptocurrency markets, as options trading for Bitcoin exchange-traded funds (ETFs) becomes a reality.  The […]

Ripple Reports Tokenized Assets to Reach $19T by 2033

April 13, 2025

Catenaa, Sunday, April 13, 2025- A new report from Ripple and Boston Consulting Group (BCG) forecasts that tokenized real-world assets will surge from $0.6 trillion in 2024 to $18.9 trillion by 2033. The dramatic rise, representing a compound annual growth rate of 53%, signals a major transformation in global finance. As financial assets evolve into […]