TLDR BlackRock will complete a one-for-three ETHA reverse share split on October 6. Every three ETHA shares will become one without changing investors’ total holding value. Fractional shares will be redeemed and paid in cash […]
Add ZyCrypto News On Google Popular XRP attorney Bill Morgan has, in a post shared to X, pushed back against criticisms directed at BlackRock following its recent decision to file with the U.S. Securities and […]
Italy’s biggest banking group slashed its Bitcoin ETF stake while tripling Ethereum ETF holdings, according to its latest Form 13F. Italy’s largest banking group, Intesa Sanpaolo, sharply reduced its reported exposure to BlackRock’s iShares […]
Key Takeaways Blackrock launched BSTBL and BRSRV as 2 tokenized cash funds for institutions. Blackrock’s $1.073T cash arm could deepen the $8.4T money-market link to stablecoins. BNY and Securitize will support onchain shares as GENIUS […]
Liquidity has become the defining battleground for Layer 1 networks. Notably, BlackRock’s launch of two tokenized money market funds (BSTBL on Ethereum and BRSRV on Solana) is the latest example. Built to serve as reserve […]
U.S. spot Bitcoin funds posted net outflows of $265.4 million on July 31, reversing a $233.1 million inflow the previous session. Ethereum showed a $9 million net inflow, but only because BlackRock’s staked Ethereum fund […]
U.S. spot Bitcoin ETFs snapped a four-session losing streak on July 29 and finished the day with $32.1 million in net inflows. However, one fund did all the lifting. BlackRock’s iShares Bitcoin Trust ETF, or […]
Fundstrat’s Tom Lee believes the passage of the CLARITY Act in the United States will supercharge crypto. Bitmine chairman Tom Lee said on CNBC on Monday that crypto is recovering because it is being […]
Key Takeaways Franklin Templeton endorsed the CLARITY Act, seeking defined regulations, investor protections, and federal oversight responsibilities. Blackrock, Fidelity, Goldman Sachs, and Charles Schwab have also backed the market structure legislation. Updated Senate text divides […]
Key Takeaways Blackrock described the CLARITY Act as a framework supporting innovation and investor protection. Senate leaders are racing to advance the bill before the legislative calendar grows more crowded. Senator Thune expects the Senate’s […]
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