The son of the current President two days ago on Twitter told people it’s time to add Ethereum to their balance sheets. It is mind blowing to see this, given what this cycle represents for Ethereum.
For years people have been predicting the outcome we are seeing play out this cycle. Ethereum’s dominant use case has been as a platform for…
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BlackRock Inc., the world’s largest asset manager with over $11.5 trillion in assets under management, is preparing to launch a spot Bitcoin exchange-traded product (ETP) in Europe, according to a report from Bloomberg.
The fund is expected to be based in Switzerland and BlackRock could begin marketing it as early as this month, sources familiar with the matter told Bloomberg. Though, at the time of writing, a BlackRock representative declined to comment on the matter.
This listing would mark yet another step in BlackRock’s international expansion of its Bitcoin-related offerings, as the firm has already launched spot Bitcoin ETFs in both Canada and Brazil.
BlackRock appears eager…
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Founder: Prashanth Chandrashekar
Date Founded: March 2023
Location of Headquarters: Lithuania
Number of Employees: 3 full-time, 3 contract workers
Website: https://bringin.xyz/
Public or Private? Private
With Bringin, it’s now easier than ever to live on a bitcoin standard in Europe.
The web app (and soon-to-be-released mobile app) enables users to almost instantly convert bitcoin from either a base chain or Lightning wallet to a virtual Visa debit card that can be used wherever Visa is accepted.
Bringin’s founder Prashanth Chandrashekar conceptualized the product after struggling to convert his bitcoin into euros.
“Two years ago while living in Estonia, I used to get paid in bitcoin, and…
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On February 5, 2025, the U.S. Bitcoin ETFs reported a substantial net inflow, totaling 2,748 BTC, significantly more than the 450 BTC generated from mining on the same day. This indicates a strong investor demand and confidence in Bitcoin, overshadowing the rate at which new bitcoins are being created.
BlackRock’s Bitcoin ETF (Ticker: $IBIT) saw the largest increase with an influx of 2,524 BTC, suggesting that it remains a preferred choice for investors looking to gain exposure to Bitcoin through institutional products. Similarly, ARK’s Bitcoin ETF (Ticker: $ARKB) added a considerable 569 BTC, and Bitwise’s Bitcoin ETF (Ticker: $BITB) gained 163 BTC, both reflecting positive investor sentiment.
However, not all funds experienced gains; Invesco Galaxy’s Bitcoin ETF (Ticker: $BTCO) saw a significant outflow of 492 BTC, and VanEck’s (Ticker: $HODL) had a decrease of 85 BTC, indicating some level of sell-off or rebalancing among investors in these funds. This mixed activity showcases the varied strategies and investor responses within the different Bitcoin ETF offerings.
Overall, the strong inflows into several major funds highlight the continued appeal of Bitcoin ETFs as investment vehicles, with the total activity for the day indicating a bullish stance by the broader market, despite some funds experiencing withdrawals. This day’s trading dynamics further emphasize the pivotal role of Bitcoin ETFs in providing market participants with access to Bitcoin in a regulated investment format.
Disclaimer: Market capitalizations and data can vary in real-time. The information provided here is intended purely for educational purposes and should not, under any circumstances, be construed as financial advice.
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The cryptocurrency sector witnessed a stirring moment as Bitcoin’s value dipped below $100,000 starting February with a downward spiral to $93,000. Despite this drop many were taken aback by bullish forecasts from financial analysts projecting an impressive future for the cryptocurrency. According to a recent revelation by Ark Invest Bitcoin is set to skyrocket reaching up to $1.5 million by the end of 2030.
The report comes on the heels of Bitcoin achieving a record high of $109,114.88 in January even as it currently trades at a 10.28% decline from this peak. Ark Invest’s analysis outlines a bullish scenario where Bitcoin could potentially hit the $1.5 million mark a staggering figure compared to its current standing.
Supporting this optimistic outlook the research indicated an increase in Bitcoin adoption among publicly traded companies with investments on their balance sheets growing from $11 billion in 2023 to $55 billion last year. Companies like MicroStrategy and MARA Digital are notable contributors to this trend reinforcing the growing confidence in Bitcoin’s long-term value.
BlackRock the world’s largest asset manager is set to launch its first Bitcoin Exchange Traded Product (ETP) in Europe marking a significant expansion in its cryptocurrency offerings. Based in Switzerland the ETP will be marketed starting this month. This initiative follows the success of BlackRock’s iShares Bitcoin ETF in the U.S. which gathered nearly $60 billion in assets within a year.
With this new venture BlackRock joins other investment firms like Kraken and FTX EU in enhancing crypto-backed securities across Europe. The move could intensify competition among ETP providers in the region as seen in the U.S. where similar initiatives have led to fee waivers and competitive expense rates.
Analysts see this as a pivotal moment for European investors with potential implications for ETP performance depending on the fee structure yet to be disclosed. BlackRock’s foray into the European market underscores its commitment to providing innovative investment solutions globally aligning with the growing dominance of U.S.-based Bitcoin ETFs which now control 91% of the global market.
