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Search results for spot Bitcoin ETF

Crypto

Bitcoin rally loses steam, range-bound trading likely for now

Bitcoin has been capped by strong selling pressure in the $83,000 to $86,000 range, raising the possibility it will trade in a range for now. On-chain analytics firm Glassnode said the spot price is stuck between overhead resistance and lower support. It cited long-term holder selling in the upper band and strong buying support at $62,000 to $65,000 formed during summer trading. It also pointed to higher U.S. yields and muted spot ETF trading activity.

Crypto

BlackRock\'s IBIT outpaces Vanguard\'s S&P 500 ETF in cumulative return

BlackRock\'s spot bitcoin exchange-traded fund iShares Bitcoin Trust (IBIT) has surpassed Vanguard\'s flagship S&P 500 ETF in cumulative returns since its launch in January 2024. Bloomberg senior ETF analyst Eric Balchunas said IBIT slightly outperformed over the comparison period. Bloomberg data show IBIT is up 71% since inception, while Vanguard\'s S&P 500 ETF gained 66% in total return. IBIT\'s assets stand at $61.4 billion, versus about $11.0 billion for Fidelity\'s fund.

Crypto

BlackRock urges 1 to 2 percent bitcoin allocation, reaffirms portfolio benefits despite 50 percent drop

An analysis says adding a small amount of bitcoin can improve the risk-adjusted performance of a traditional investment portfolio even after bitcoin fell about 50 percent from its peak. BlackRock compared a 60/40 stock-bond portfolio with portfolios that include 1 percent and 2 percent bitcoin using 10 years of rolling data through May 29, 2026. Returns and Sharpe ratios rose while volatility and maximum drawdowns changed only slightly, it found.