BlackRock is trading Bitcoin futures, how much BTC is held by institutions?

Per a Coindesk report and a regulatory filing with the Securities and Exchange Commission (SEC), investment firm BlackRock has begun trading in Bitcoin futures.  BlackRock has reportedly allocated a small part of its portfolio in BTC on the Chicago Mercantile Exchange financial derivatives platform. With $8.6 trillion in assets under management (AUM), BlackRock is one […]

PayPal brings Bitcoin to its merchants while Fidelity joins the US Bitcoin ETF race

Bitcoin Moves #39 — A weekly review of what’s moving Bitcoin and crypto markets. Apart from a brief drop in price, this week has been a steady upward climb for Bitcoin. From $56K on Wednesday, Bitcoin’s price dropped suddenly on Thursday, all the way down to touch $50K, per OKCoin market data. Since then, BTC’s […]

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