Search results for U.S. spot bitcoin ETF
Crypto
NYDIG says BlackRock\'s IBIT $1.26 billion block trade shows signs of urgent liquidation by whale investor
A more than $1.26 billion block trade in BlackRock\'s spot bitcoin ETF iShares Bitcoin Trust (IBIT) last week may have been a large directional investor rapidly unwinding a concentrated position, NYDIG research head Greg Cipolaro said. The sale was executed in a dark pool at a $1.01 discount to market, implying about $29.5 million in concession. Bitcoin fell about 2.8 percent on the day, while U.S.-listed spot bitcoin ETFs have logged 11 straight sessions of net outflows.
Crypto
Cathie Wood says BlackRock participation opened door for pensions, sovereign wealth funds to enter crypto
Cathie Wood (캐시 우드), who leads Ark Invest, said BlackRock CEO Larry Fink\'s shift in stance is a signal expanding institutional access to crypto markets. She said Fink’s move away from bitcoin scepticism and support for tokenisation is being taken as an entry permit by pensions, sovereign wealth funds and large asset managers. Wood cited BlackRock’s Aladdin platform and said institutions watch major financial firms’ signals before adopting new asset classes.
Crypto
Grayscale to switch custodian for HYPE spot ETF from Coinbase to Anchorage
Grayscale plans to change the custodian for its Hyperliquid spot exchange-traded fund from Coinbase to Anchorage Digital Bank, reflecting the move in an amended S-1 filing with the U.S. SEC. Bank of New York Mellon will remain the transfer agent, and the fund will keep its CoinDesk benchmark rate. Grayscale said staking would be included subject to regulatory approval. The move comes as Coinbase dominates custody for most U.S. spot bitcoin ETFs.
