The rating recognizes the fund’s ability to maintain a stable net asset value, while S&P separately reaffirmed USDT among the lowest-rated stablecoins under its existing assessment framework.
Cointelegraph•Cointelegraph by Zoltan Vardai5 Aug
Arc's partnerships with financial giants could accelerate blockchain adoption in traditional finance, reshaping cross-border transactions and lending.
CryptoBriefing•Editorial Team5 Aug
JPMorgan’s Kinexys platform will tokenize select BlackRock money market fund shares denominated in pounds, euros and US dollars.
Cointelegraph•Cointelegraph by Ezra Reguerra5 Aug
The split will consolidate every three ETHA shares into one, increasing the fund’s per-share net asset value.
The Block•RT Watson4 Aug
Bitcoin ETFs attracted $170.09 million at the start of the week, with seven funds recording gains and none reporting an outflow. Ether products lost $11.42 million, while XRP edged higher and HYPE resumed its decline. Blackrock Drives Nearly Two-Thirds of $170M Bitcoin Inflow Fresh August allocations arrived quickly. Investors directed more than $170 million into […]
Bitcoin.com News•Emmanuel Musa4 Aug
Intesa Sanpaolo, Italy’s largest banking group, slashed its Bitcoin ETF holding, BlackRock’s iShares Bitcoin Trust (IBIT), by 93.7% last quarter. The bank also tripled its stake in the iShares Staked Ethereum Trust ETF, its new Form 13F shows. The quarterly disclosure adds to evidence that some institutions now favor yield-bearing Ethereum funds over Bitcoin products.
BeInCrypto•Harsh Notariya4 Aug
Blackrock has introduced two tokenized money market products aimed at institutional investors and stablecoin issuers. The funds combine blockchain-based ownership records with portfolios of cash and short-term U.S. government debt. Blackrock Targets Stablecoin Reserves With 2 Onchain Funds Blackrock is pushing tokenization deeper into the financial system’s cash layer with two money market products designed […]
Bitcoin.com News•Emmanuel Musa4 Aug
Europe's largest cash management platform is now issuing tokens on Ethereum, in a launch restricted to professional investors.
BlackRock has expanded tokenized money market funds to Europe with Ethereum share classes covering $311 billion in institutional liquidity assets. According to a recent announcement, BlackRock has introduced its first tokenized access to institutional money market funds in Europe by…
BlackRock has sparked discussions following a massive Bitcoin purchase, just a day after it sold, but Bitcoin remains steady around the $63,000 mark.
U.Today•Caroline Amosun4 Aug
CoinDesk•Ian Allison4 Aug
BlackRock launched Ethereum-based tokenized share classes for select European money market funds using JPMorgan's Kinexys.
The Block•Brian Danga4 AugStablecoin liquidity is back in focus as BlackRock reignites the SOL vs. ETH debate.
AMBCrypto•Ritika Gupta4 Aug
BlackRock's move into tokenized funds may accelerate institutional blockchain adoption, influencing market dynamics and regulatory landscapes.
CryptoBriefing•Estefano Gomez3 Aug
BlackRock launched a tokenized money market fund for stablecoin reserves that uses Solana alongside Ethereum.
BlackRock has launched two tokenized money market products as the world’s largest asset manager expands its blockchain-based cash management and real-world asset strategy. BlackRock launches BSTBL shares on Ethereum The BlackRock Select Treasury Based Liquidity Fund, or BSTBL, will introduce…
Two new BlackRock funds, BSTBL and BRSRV, are extending the asset manager's push into onchain finance.
BRSRV joins a list of funds launched by the likes of Morgan Stanley, State Street, and Fidelity designed for stablecoin reserves.
The Block•Daniel Kuhn3 Aug
The asset manager introduced two blockchain-based money market funds designed to qualify as stablecoin reserve assets under the US GENIUS Act.
Cointelegraph•Cointelegraph by Sam Bourgi3 AugBlackRock's IBIT liquidates $122 million in Bitcoin via Coinbase as annual returns plunge 45.62%.
U.Today•Gamza Khanzadaev3 Aug