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The approval of 11 spot Bitcoin ETFs in 2024 was a historic decision by the US SEC. Today, BlackRock’s IBIT Bitcoin ETF is the firm’s most profitable ETF product by quite a margin. The world’s largest asset manager has earned $245 million in fees from its BTC ETF, $25 million more than the second most profitable ETF. Bloomberg ETF analyst Eric Balchunas took to X and highlighted that BlackRock’s IBIT ETF is just moments away from hitting $100 billion. $IBIT a hair away from $100 billion, is now the most profitable ETF for BlackRock by a good amount now based on current aum. Check out the ages of the rest of the Top 10. Absurd. pic.twitter.com/E8ZMI2wynx — Eric Balchunas (@EricBalchunas) October 6, 2025 BlackRock’s Bitcoin ETF Bet Paying Off Source: Coinsturn The table shared by Balchunas also shows that the IBIT ETF became BlackRock’s most profitable ETF within just one year, while other products are more than 12 years old, and in many cases, mo...

The US Securities and Exchange Commission (SEC) has delayed a decision on the Truth Social Bitcoin and Ethereum ETF, a Trump Media & Technology Group product that critics say raises conflict of interest concerns given President Donald Trump’s involvement. According to a filing, the new deadline is now set for October 8, while the SEC continues to review several other pending crypto ETF applications. The first deadline was set for August 4, then moved to September 18, and is now delayed again to October 8. The Bitcoin and Ethereum ETF, proposed in June, has received only one public comment so far, calling for rejection because of Donald Trump’s involvement in crypto. 🚨BREAKING: The SEC has delayed President Trump's Truth Spot $BTC & $ETH ETF. pic.twitter.com/KSCFEZUd9o — Grey BTC (@greybtc) August 18, 2025 The SEC’s delay of the ETFs is a normal part of the review process. By law, the agency can extend deadlines several times, taking up to ...

Europe’s second-largest bank, BNP Paribas, has purchased BlackRock Spot Bitcoin ETF shares. Indeed, a 13F filing with the US Securities and Exchange Commission (SEC) shows the purchase of shares in the asset management firm’s iShares Bitcoin Trust (IBIT) in Q1 2024. The filing was made on May 1st, 2024, and detailed BNP Paribas purchase of 1,030 IBIT shares. Moreover, that acquisition cost the multinational bank more than $40 per share, for a total cost of $42,684. However, that price is currency far below the price of a single Bitcoin, which is currently trading at more than $58,000. JUST IN: Europe's second-largest bank, BNP Paribas, buys BlackRock spot # Bitcoin ETF shares. — Watcher.Guru (@WatcherGuru) May 2, 2024 Also Read: BlackRock Expects Spot Bitcoin ETF Trading By Sovereign Wealth Europe’s BNP Paribas Buys BlackRock Spot Bitcoin ETF Shares At the start of the year, the digital asset sector saw a landmark development with the...

Bitcoin ( BTC ) has been trending for days due to market-wide hype surrounding its upcoming halving event in 2 months. The token recently breached the $52,000 price, sparking speculations on the beginning of the long-awaited bullish run. In preparation for the halving, Bitcoin recently regained an ATH of $1 trillion in market cap. Since it hit this milestone, it’s almost like last week’s dip didn’t happen, as analysts reveal that BTC could be targeting gold’s position by the end of the decade.  As cryptocurrency interest heightens, investors’ attention has been focused on Filecoin ( FIL ) and InQubeta (QUBE) . On top of bullish prices, Filecoin recently partnered with Solana (SOL) to create a blockchain storage solution. Meanwhile, the viral AI token QUBE has enjoyed high demand during its ongoing presale event. According to investors, both altcoins are moving at such a rapid pace that it positions them for one of their biggest ...

ProShares’ Bitcoin Strategy ETF experiences a significant drop in trading activity as investors shift focus to spot Bitcoin ETFs. On Jan. 18, trading volumes for BITO on the New York Stock Exchange fell sharply to just above $500 million, a significant decrease from the $2 billion peak seen on Jan. 11, per Coinbase’s data. Additionally, data from ETF.com shows a substantial outflow from BITO, exceeding $270 million, within the same timeframe. Despite this downturn in trading activity, market analysts maintain a positive outlook on BITO’s role in the sector, particularly as a hedging tool. Source: ETF.com You might also like: Terra developer Terraform Labs files for Chapter 11 bankruptcy The preference for spot Bitcoin ETFs over futures-based options like BITO is increasingly evident. This shift is attributed to the inherent mechanism of BITO, which requires the rolling over of futures contracts, leading to additional costs that adversely affect its ...

According to Analysis from GreeksLive, there is a strong market sentiment expecting the ETF to pass, reflected in Bitcoin’s price surge to short-term highs of $45,000. GreeksLive, a leading trading analytics platform,  highlights the increasing implied volatility (IV) in the options market, a key indicator of market expectations and uncertainty. The at-the-money (ATM) option IV, expiring on Jan. 12, has reached a staggering 110%, while the IV for the 11th has surpassed 120%. This significant rise in IV, nearly 20% following recent deliveries, underscores the market’s heightened anticipation. The results of the Bitcoin Spot ETF review are about to be finalized, and the market is now widely expected to pass with flying colors. Fueled by the ever-present positive news, BTC is currently back to short-term highs of $45,000. The current ATM option IV expiring on the 12th… pic.twitter.com/ZsDXGb3AVd — Greeks.live (@GreeksLive) January 8, 2024 You might also like...

Traders taking bets on the platform predict a 90% chance the SEC will approve spot Bitcoin ETFs by mid-January, while the minority is hedging against the converse outcome. Shares of a “Bitcoin ETF approved by Jan 15” contract on Poly market , a decentralized prediction venue, traded for 90 cents as speculation for a forthcoming decision from the U.S. Securities and Exchange Commission (SEC) dominated market sentiment.  At press time, the contract had attracted $441,315 worth of “YES” bets, with just 10% of traders choosing “NO”. These invest ors also admitted their opposing choice was a means to hedge their bets and turn a profit should the SEC delay beyond Jan. 15. I don’t doubt the inevitability of a Bitcoin ETF, I doubt the SEC’s ability to work fast enough to say yes by Jan. 15. Polymarket trader Bettors bid on an SEC decision on spot BTC ETFs by Jan. 15 | Source: Poly market You might also like: VanEck: spot Bitcoin ETF launch will n...

Bitcoin’s market capitalization has experienced substantial growth in 2023, rising from $320 billion to $827 billion, an increase of $500 billion for BTC holders , Matrixport says. In a recent report by Matrixport, the Singapore-headquartered crypto investment firm argues that significant attention should be given to the pivotal role of U.S. inflation as a critical variable in the accumulation of Bitcoin wealth . Over the last year, official inflation in the US has decreased from 8% to 3.1%, with analysts expecting a further decline to 2% in 2024. Despite the Federal Reserve indicating a reduction in interest rates in 2024, analysts project that the gap between Fed Funds rates and the Consumer Price Index (CPI) will likely remain constant, leading to the accumulation of further Bitcoin wealth . “While the Fed has guided the market in cutting interest rates by 75 basis points in 2024, the gap between Fed Funds rates and CPI is significantly wider, notably 220 basis poin...

As per Eric Balchunas, a Bloomberg senior ETF analyst, Valkyrie has issued a 497, declaring that they won’t be buying any more Ethereum futures . Balchunas speculates that the United States Securities and Exchange Commission (SEC) might have influenced their decision to halt these purchases. The plot thickens, Valkyrie just put out 497 that they are in fact not going to buy Ether futures until they are live (prob Tue) and are going to sell the Eth futures they bought (in an effort to jump line a bit). SEC must have threatened them to cut it out. Damn. https://t.co/yDkggCw3d1 pic.twitter.com/cKaV7k7AJs — Eric Balchunas (@EricBalchunas) September 29, 2023 According to reports on Sep. 28, the Valkyrie Bitcoin Strategy exchange-traded fund (ETF) was reported to be adding exposure to Ethereum futures contracts, becoming the first American ETF to offer holders exposure to Ethereum and Bitcoin futures in one package.  Valkyrie was also the first company to receive appro...

Will Grayscale Win The Case? This is the second delay in the much-anticipated verdict, with eager investors and industry experts alike wondering how this decision might impact the crypto ecosystem. advertisement In a lawsuit that has captured the financial world’s attention, Grayscale Investments is challenging the U.S. Securities and Exchange Commission’s (SEC) decision to reject its Bitcoin trust ETF application. In a March 2023 hearing, Grayscale argued that the SEC’s decision contradicted its previous orders regarding approving the GBTC spot Bitcoin ETF .  The SEC representatives were under intense scrutiny from the judges over their reasoning for the rejection. Notably, legal analysts from Bloomberg believe that Grayscale has a strong case, with a 70% chance of winning the lawsuit. Another reason we give spot bitcoin ETF approval 50% chance is our senior legal analyst @NYCStein gives Grayscale a 70% chance of winning case against S...

Ark Invest is More Deserving This comes after BlackRock brought a renewal of hope to the cryptocurrency industry through its spot BTC ETF application with the United States Securities and Exchange Commission (SEC). Therefore many people believe that if approval is coming soon from the regulator, BlackRock would be best posited for it. advertisement Bloomberg Intelligence ETF analyst James Seyffart on the other hand, says Ark Invest is more deserving of approval citing an earlier application.  “21Shares, ARK and Cboe are first in line because their next SEC decision date is 8/13/23 and we don’t yet have a date for the other 19b-4 applications like the one from BlackRock,” Seyffart explained. Globally recognized investment asset management firm BlackRock filed for a spot BTC ETF over a week ago with plans to use the Coinbase Custody platform and the American crypto exchange spot market data for pricing.  Recommended ...