BlackRock’s IBIT Reportedly Surpasses Fidelity In Bitcoin ETF Assets

BlackRock is adding Ethena’s USDe to Aladdin while making BUIDL the main reserve asset for Ethena’s whitelabel stablecoins.

The world's largest asset manager will list the USDe synthetic dollar as an approved asset on its institutional risk platform, while its BUIDL fund becomes the primary backing for Ethena's whitelabel stablecoins.

BlackRock's IBIT shed $1.3B in a single week, driving 73% of all Bitcoin ETF outflows as macro headwinds push BTC toward a critical $60K support test. The post BlackRock Bitcoin News: IBIT Suffers $1.3Bn Outflow as Iran Shakes Safe Money appeared first on 99Bitcoins.

Ethena’s governance token ENA has climbed after BlackRock integrated the project’s synthetic dollar USDe into its Aladdin investment platform, extending institutional access to a system used to oversee more than $20 trillion in assets. According to a June 29 X…

BlackRock's Aladdin platform's support for Ethena's stablecoin could accelerate institutional adoption of digital assets, impacting financial markets. The post BlackRock’s Aladdin platform enhances support for Ethena’s stablecoin products appeared first on Crypto Briefing.

IBIT's dominance in AUM highlights the growing institutionalization of Bitcoin, potentially influencing market liquidity and investor strategies. The post iShares Bitcoin Trust ETF surpasses Fidelity in assets under management appeared first on Crypto Briefing.

Sustained outflows from BlackRock's ETFs signal shifting institutional sentiment, potentially impacting market dynamics and investor strategies. The post BlackRock records largest Bitcoin outflow of $446M via Coinbase appeared first on Crypto Briefing.

Quantum computing's rise could revolutionize industries, challenge blockchain security, and reshape investment strategies globally. The post BlackRock, Nvidia, and Temasek pour billions into quantum computing as VC funding hits record highs appeared first on Crypto Briefing.