Category: Contributed
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Here’s How Much Spot Bitcoin ETFs Have Contributed to BlackRock and Fidelity’s 2024 Inflows
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BlackRock and Fidelity’s bitcoin exchange-traded funds (ETFs) have emerged as major contributors to the company’s total ETF flows this year. According to data from Bloomberg Intelligence, these Bitcoin ETFs accounted for 26% and 56% of BlackRock and Fidelity’s year-to-date inflows, respectively. Bitcoin ETF data BlackRock’s iShares Bitcoin Trust (IBIT) and…
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Here’s How Much Spot Bitcoin ETFs Have Contributed to BlackRock and Fidelity’s 2024 Inflows
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BlackRock and Fidelity’s bitcoin exchange-traded funds (ETFs) have emerged as major contributors to the company’s total ETF flows this year. According to data from Bloomberg Intelligence, these Bitcoin ETFs accounted for 26% and 56% of BlackRock and Fidelity’s year-to-date inflows, respectively. Bitcoin ETF data BlackRock’s iShares Bitcoin Trust (IBIT) and…
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These Divisions Contributed Significantly to Tether’s Q1 2024 Profit of $4.52B
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Earlier this week, the largest stablecoin issuer, Tether, revealed that it generated more than $4.52 billion in net profits in the first quarter of 2024. With the company recently expanding its operations, a large portion of the profits came from its long-standing operations. Existing companies, not newly formed divisions. pregnancy…