Explore BlackRock crypto news, including ETF developments, Bitcoin strategy, digital asset products, and institutional market influence.
In a new filing with the SEC, the SWIB reported holding more IBIT shares and none of the previously reported GBTC shares.
Gino Matos 2 min read 
Despite the significant inflows for the past two days, the ETFs failed to counter the large holders selling pressure.
The addition of options "will remove impediments to and perfect the mechanism of a free and open market," says the filing.
BlackRock’s IBIT was responsible for nearly $3 billion in trading volume and managed to increase its assets under management by $172 million.
Fink's latest endorsement follows BlackRock's robust second-quarter earnings which propelled the firm's AUM to a record $10.8 trillion.
BlackRock's BUIDL fund has captured almost 30% of the market in less than four months of its operations.
ETF issuers forced to exclude staking provisions to meet SEC requirements could undermine Ethereum and Solana network security and decentralization.
The fund could gain approval and launch in the coming weeks.
BlackRock's Strategic Income Opportunities Portfolio and Strategic Global Bond Fund gained exposure to BTC in the first quarter.
