BlackRock, a global investment firm with $11.5 trillion in assets under management, has added its Bitcoin exchange-traded fund (ETF) to its model portfolio product, according to a Feb. 28 report from Bloomberg. Portfolios that allow for alternative assets will be able to put a 1%–2% allocation into the firm’s iShares Bitcoin ETF Trust (IBIT), potentially creating new demand for the…
Month: March 2025
US judge tosses SEC fraud suit against Hex founder Richard Heart
A district court judge has dismissed the US securities regulator’s lawsuit accusing Hex founder Richard Heart of raising over $1 billion through unregistered crypto offerings and defrauding investors of $12.1 million. Heart, whose real name is Richard Schueler, was also accused of spending those allegedly stolen funds on luxury items — including the world’s largest black diamond. However, Judge Carol…
SEC drops 6 cases, memecoin craze cools and more
The crypto industry has had a memorable month in February, with major policy changes on the horizon and growing Bitcoin adoption globally. A new report this month shows that the Bitcoin network is decentralizing apace. Public companies now account for 35% of global hashrate, and China’s dominance in hashrate has decreased to 14%. In the US, the crypto industry is…
BlackRock adds BTC ETF to $150B model portfolio product
BlackRock, a global investment firm with $11.5 trillion in assets under management, has added its Bitcoin exchange-traded fund (ETF) to its model portfolio product, according to a Feb. 28 report from Bloomberg. Portfolios that allow for alternative assets will be able to put a 1%–2% allocation into the firm’s iShares Bitcoin ETF Trust (IBIT), potentially creating new demand for the…
BlackRock adds BTC ETF to $150B model portfolio product
BlackRock, a global investment firm with $11.5 trillion in assets under management, has added its Bitcoin exchange-traded fund (ETF) to its model portfolio product, according to a Feb. 28 report from Bloomberg. Portfolios that allow for alternative assets will be able to put a 1%–2% allocation into the firm’s iShares Bitcoin ETF Trust (IBIT), potentially creating new demand for the…
BlackRock adds BTC ETF to $150B model portfolio product
BlackRock, a global investment firm with $11.5 trillion in assets under management, has added its Bitcoin exchange-traded fund (ETF) to its model portfolio product, according to a Feb. 28 report from Bloomberg. Portfolios that allow for alternative assets will be able to put a 1%–2% allocation into the firm’s iShares Bitcoin ETF Trust (IBIT), potentially creating new demand for the…
US judge tosses SEC fraud suit against Hex founder Richard Heart
A district court judge has dismissed the US securities regulator’s lawsuit accusing Hex founder Richard Heart of raising over $1 billion through unregistered crypto offerings and defrauding investors of $12.1 million. Heart, whose real name is Richard Schueler, was also accused of spending those allegedly stolen funds on luxury items — including the world’s largest black diamond. However, Judge Carol…
USDT on TON Hits $1.4 Billion in 10 Months, Fastest Stablecoin Growth Ever
Tether’s USDT has achieved the fastest deployment of a stablecoin on any blockchain, reaching $1.4 billion issued on TON in just ten months. This is according to data by Artemis and Ournetwork. As the largest stablecoin with a $293 billion market cap, USDT is the third most valuable digital asset after bitcoin and ether, and […] Source: https://news.bitcoin.com/usdt-on-ton-hits-1-4-billion-in-10-months-fastest-stablecoin-growth-ever/
BlackRock adds BTC ETF to $150B model portfolio product
BlackRock, a global investment firm with $11.5 trillion in assets under management, has added its Bitcoin exchange-traded fund (ETF) to its model portfolio product, according to a Feb. 28 report from Bloomberg. Portfolios that allow for alternative assets will be able to put a 1%–2% allocation into the firm’s iShares Bitcoin ETF Trust (IBIT), potentially creating new demand for the…
BlackRock adds BTC ETF to $150B model portfolio product
BlackRock, a global investment firm with $11.5 trillion in assets under management, has added its Bitcoin exchange-traded fund (ETF) to its model portfolio product, according to a Feb. 28 report from Bloomberg. Portfolios that allow for alternative assets will be able to put a 1%–2% allocation into the firm’s iShares Bitcoin ETF Trust (IBIT), potentially creating new demand for the…