• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M
Blackrock Investors Plan to Invest More than $2 Billion in Bitcoin ETFs

Blackrock Investors Plan to Invest More than $2 Billion in Bitcoin ETFs

user avatar

by Max Nevskyi

a year ago


Matthew Sigel, the head of the digital asset analysis department at the investment firm VanEck, has announced plans by investors to invest more than $2 billion in a Bitcoin ETF developed by Blackrock.

I learned from a fairly reliable source that Blackrock has attracted an additional $2 billion from Bitcoin holders who are increasing their positions in the past week. I can't vouch for its accuracy, but you know, everyone is doing this now. They're calling and trying to find people willing to write checks to buy these [Bitcoin ETF] products.said Sigel.

Matthew noted that according to VanEck's analytical assessments, in the first quarter since the launch of spot Bitcoin-ETF trading, $2.5 billion will be invested, and this volume will reach $40 billion in two years. However, he also acknowledged that considering Blackrock's clients' significant interest in derivatives, these forecasts significantly underestimate the fund's potential.

Bloomberg received confirmation from its sources, indicating that Blackrock plans to allocate significant funds to the Bitcoin ETF on the first day after the listing of the derivative fund to demonstrate high trading volume and thus attract substantial interest from investors.

0

Rewards

chest
chest
chest
chest

More rewards

Discover enhanced rewards on our social media.

Other news

BTC Forecast: Price Might Surpass $110,000 with Institutional Investments

chest

Bitcoin (BTC) price is expected to reach $110,000 amid rising institutional investments and ETF activity in July 2025.

user avatarGiorgi Kostiuk

Robinhood Introduces Tokenized Stocks: A Revolution in Blockchain Trading

chest

Robinhood has launched tokenized stock trading on its Ethereum layer, opening new market opportunities.

user avatarGiorgi Kostiuk

Elon Musk and His America Party: Bitcoin Support and Political Ambitions

chest

Elon Musk announced Bitcoin support through America Party, expressing dissatisfaction with the current political situation.

user avatarGiorgi Kostiuk

Top Cryptos for Investment in 2025: BlockDAG, Litecoin, Toncoin, and Filecoin

chest

An analysis of the top cryptocurrencies for 2025: BlockDAG, Litecoin, Toncoin, and Filecoin, including their growth and potential.

user avatarGiorgi Kostiuk

Ethereum Retests $2,500 Support and Sets Stage for Altcoin Rally

chest

Ethereum tests the $2,500 support level amidst rising network activity and declining Bitcoin dominance.

user avatarGiorgi Kostiuk

SHIB Whales Increase Holdings While Ethereum Prices Surge

chest

Whales are accumulating Shiba Inu coins as Ethereum price discussions heat up with dormant wallets waking up.

user avatarGiorgi Kostiuk
dapp expert logo
© 2020-2025. DappExpert. All rights reserved.
© 2020-2025. DappExpert. All rights reserved.

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.