Why BlackRock and Other Fund Companies Are Pushing Deeper Into Crypto

The fund industry sees billions of dollars in potential fees and trading profits in Bitcoin, as companies such as BlackRock and Fidelity make a renewed push into crypto.

• 2023-07-19
• BlackRock Bitcoin ETF Fund companies digital assets Fidelity Investments Grayscale Bitcoin SEC

Weekly Market Wrap: Bitcoin floats above US$30,000, despite SEC silence over Bitcoin ETF applications

Bitcoin held firmly above the US$30,000 level for most of the week, despite the SEC’s silence over Bitcoin ETF applications. Bitcoin needs to close above US$32,500 for significant bullish momentum, industry experts told Forkast.

• 2023-07-07
• BlackRock Bitcoin ETF SEC application market capitalization price of Bitcoin Fidelity Investments The SEC Federal Reserve Bitcoin

Bitcoin flat, Ether gains in mixed crypto market; Solana rebounds, Litecoin leads winners

Bitcoin traded flat above US$30,000 while most other leading token were mixed. Litecoin and Solana saw the biggest gains among the top 10 tokens.

• 2023-07-03
• Solana market capitalization Bitcoin ETF Fidelity Investments financial regulator

Grayscale Bitcoin Trust Shares Rally to a One-Year High, Discount Dips to 30%

Investors are betting that recent filings for spot BTC ETF improve the chances for Grayscale to convert its trust into an ETF and close the price gap, one observer said.

• 2023-06-28
• GBTC Fidelity Investments BlackRock net asset value share price

Bitcoin Jumps as Traditional Firms Tap Crypto

Bitcoin continues to rally, with analysts citing recent moves by traditional financial firms to tap the crypto market as a bet on the industry. BlackRock has [filed paperwork](https://www.wsj.com/livecoverage/stock-market-today-dow-jones-06-15-2023/card/blackrock-files-for-spot-bitcoin-etf-uXnyhGqVpaPyVtnF0zOC) with the Securities and Exchange Commission for a spot bitcoin exchange-traded fund.

• 2023-06-21
• cryptocurrency exchange Citadel Securities crypto market Charles Schwab Fidelity Investments

Crypto Exchange Backed by Citadel Securities, Fidelity, Schwab Starts Operations

The exchange backed by Citadel Securities, Fidelity Investments and Charles Schwab seeks business from those interested in digital assets but wary of troubles at FTX and Binance.

• 2023-06-20
• Citadel Securities EDX Charles Schwab Fidelity Investments digital assets customer assets