BlackRock’s Bitcoin ETF options to trigger GME-like gamma squeeze

Source: Cryptopolitan In this post: BlackRock’s Bitcoin ETF options got approved by the SEC but could trigger a massive price rally similar to GameStop’s 2021 gamma squeeze. The options still need clearance from the OCC and CFTC before they hit the market, but institutions are already super interested. With Bitcoin’s supply being only 21 million,… Continue reading BlackRock’s Bitcoin ETF options to trigger GME-like gamma squeeze

Tokenized RWA Market Hits $10 Billion, Draws Major Institutions

Source: Be In Crypto RWA tokenization market surpasses $10 billion, driven by institutional interest and integration with DeFi. BlackRock, Franklin Templeton, and Grayscale lead in tokenized assets, reflecting TradFi’s move into DeFi. Ondo Finance emerges as a market leader with $536 million TVL, promoting RWA adoption and liquidity. The Real World Assets (RWA) tokenization market… Continue reading Tokenized RWA Market Hits $10 Billion, Draws Major Institutions

BlackRock’s ETHA Becomes First Ethereum ETF to Cross $1B in Net Inflows

Source: CoinDesk ETHA holds over $860 million in net assets. Only Grayscale’s mini ether trust (ETH) and Ethereum trust (ETHE) have more. Its net inflows are more than the next three highest ETF inflows combined. BlackRock’s iShares Ethereum Trust (ETHA) has surpassed $1 billion in cumulative net inflows, making it the first among 11 issuers… Continue reading BlackRock’s ETHA Becomes First Ethereum ETF to Cross $1B in Net Inflows

BlackRock’s $500M Tokenized Fund Pitches for Ethena’s RWA Investment Plan; ENA Rallies 22%

Source: CoinDesk Ethena’s proposal to allocate funds to tokenized real-world assets for yield follows similar actions by crypto lender MakerDAO and Ethereum layer-2 Arbitrum’s development organization. Ethena shared plans to allocate a part of its $235 million USDT stablecoin collateral and $45 million surplus reserve in yield-generating real-world asset (RWA) offerings. BlackRock’s BUIDL fund pitched… Continue reading BlackRock’s $500M Tokenized Fund Pitches for Ethena’s RWA Investment Plan; ENA Rallies 22%

21co analyst sees tokenized US treasuries hitting $3 billion by year-end

Source: CryptoSlate According to Wan, the trend is driven by a DeFi projects’ need for diversification and stability, especially as high interest rates make these assets attractive. 21co analyst Tom Wan believes tokenized US treasuries will hit $3 billion by the end of 2024 amid rising adoption among DeFi projects and Decentralized Autonomous Organizations (DAOs).… Continue reading 21co analyst sees tokenized US treasuries hitting $3 billion by year-end

First Web3 Integrations With Blackrock And The RWA Trend

Source: Forbes The Real-World Asset (RWA) trend has emerged as a significant sector in the financial industry, blending traditional finance with blockchain technology, peaking in 2024. Leading asset management company BlackRock has made major advancements in Real World Assets (RWA) after the Bitcoin ETF launch earlier this year, now managing $21 billion in BTC volume.… Continue reading First Web3 Integrations With Blackrock And The RWA Trend

Hedera’s HBAR Doubles on Misinterpretation of BlackRock Announcement, Then Falls 25%

Source: CoinDesk The market gave back some of its earlier gains after realizing BlackRock wasn’t directly involved in the tokenization on Hedera’s blockchain. Hedera’s HBAR token rallied Tuesday after a foundation supporting the project announced that BlackRock’s U.S. Treasury money market fund had been tokenized on the Hedera blockchain. The token gave back some of… Continue reading Hedera’s HBAR Doubles on Misinterpretation of BlackRock Announcement, Then Falls 25%

BlackRock’s $10 Trillion Tokenization Vision: The Future Of Real World Assets

Source: Forbes We are currently witnessing a digital transformation as traditional finance and investments undergo a seismic shift towards greater efficiency and accessibility. Leading the charge, BlackRockBLK +0.7%, the world’s largest asset manager known for launching its Bitcoin ETF earlier this year, aims to tokenize $10 trillion of its assets in partnership with Securitize. “Today’s… Continue reading BlackRock’s $10 Trillion Tokenization Vision: The Future Of Real World Assets