BlackRock doubles down on Bitcoin exposure with new BTC ETF

BlackRock is extending its footprint in cryptocurrency investing, filing with the U.S. Securities and Exchange Commission (SEC) to launch the iShares Bitcoin Managed Protection ETF (PBIT). The new product is designed to offer limited upside participation in Bitcoin (BTC) price movements while providing a measure of downside protection. The October 19, 2026, registration amendment outlines […]

Bitcoin at a Crossroads: If This Level Holds, a Rise is on the Agenda; If It Breaks, a Sharp Drop is Envisioned! Wintermute Warns!

The leading cryptocurrency, Bitcoin, has exhibited volatile movements over the past week, with downward pressure dominating the picture. Bitcoin faced renewed selling pressure as US data exceeded expectations and expectations of interest rate hikes rose, falling below $80,000 and testing short-term lows. While $BTC has been trading around $82,000 in recent days, the $82,500 level […]

BlackRock Makes a Move That Could Start a New Era in Bitcoin: ETF Application Filed with the SEC! Here’s What the New ETF Is…

BlackRock, the world’s largest asset manager, has filed a new application with the SEC amid ongoing uncertainty surrounding Bitcoin and altcoins. According to The Block, BlackRock has applied to the SEC for a new Bitcoin ETF aimed at mitigating the risk of declines and profiting to some extent from price increases. Accordingly, the fund, planned […]

Bitwise Research Head Explains Corporate Bitcoin Purchases Could Accelerate Again Starting from Year-End

Bitwise Research Head Ryan Rasmussen said that if the price of Bitcoin ($BTC) recovers, corporate cryptocurrency purchases could accelerate again from the end of the year. Rasmussen noted that there was a significant slowdown in Bitcoin purchases for corporate balance sheets in the third quarter. According to data shared by Rasmussen, Strategy’s net Bitcoin holdings […]

Bitcoin risks another red October as retail selling outpaces whale activity — What next?

Bitcoin is heading towards a second consecutive red October as selling pressure undermines the seasonal “Uptober” narrative. As of 19th October, Bitcoin [$BTC] was down 1.35% for the month, while historically October has returned an average of 18.40%. That decline comes after a September of +6.33%. So, it would seem that the momentum gained during […]

Blackrock Files for Bitcoin ETF Designed to Limit Investor Losses

Blackrock Proposes Bitcoin ETF With Built-In Downside Protection Bitcoin investors could gain access to a new exchange-traded fund (ETF) designed to reduce exposure to sharp market declines under a proposal filed by Blackrock. The world’s largest asset manager submitted a registration statement with the U.S. Securities and Exchange Commission (SEC) on Oct. 19 for the […]