An executive at spot bitcoin ETF issuer BlackRock has revealed sovereign wealth funds are showing interest in bitcoin—and could begin trading in coming

On Wednesday, outflows were recorded from every spot Bitcoin ETF for the first time, amassing the greatest losses since trading began in January.

Bitcoin exchange-traded funds suffered their largest daily outflow as the digital token heads for its worst week since August 2023.Investors pulled a net $564 million from the batch of almost a dozen funds on Wednesday,

The asset manager has been helping educate pension funds, endowments and sovereign wealth funds about the new spot bitcoin ETF products, BlackRock’s head of digital assets said.

Spot Bitcoin ETFs posted record daily net outflows on Wednesday as BlackRock's IBIT faltered for the very first time.

Blackrock's Bitcoin ETF IBIT joins the top 10 ETFs with the longest daily inflows streak, solidifying its position as a leader in the US Spot ETFs market.

Investors withdrew $563.7 million, signaling a potential sentiment shift post-inflows BNP Paribas revealed its Bitcoin investment, marking a reversal in attitude Bitcoin [BTC], at the time of writing,

Tokenization firm Securitize announced that BlackRock, the world's largest asset manager, made a strategic investment in it alongside others.

In a significant development for the cryptocurrency market, Hong Kong-based Yong Rong HK Asset Management Ltd has secured its position as the largest holder in the BlackRock iShares Bitcoin ETF (IBIT),