BlackRock’s spot Bitcoin exchange-traded fund has generated nearly $245 million in fees over the past year, making it now the most profitable ETF for the firm by a wide margin. The iShares Bitcoin Trust ETF (IBIT) currently beats the iShares Russell 1000 Growth ETF (IWF) and the iShares MSCI EAFE ETF (EFA) by $25 million…
Bitcoin’s new all-time high helped lift shares of Bitcoin miners and some crypto treasury companies on Monday, with most ending the trading day with double-digit percentage gains. Argo Blockchain was the biggest global gainer among crypto miners on Monday, rallying over 96% on the London Stock Exchange to 5.3 British pence ($0.07), with its US…
Crypto asset manager Grayscale has introduced staking for its exchange-traded products (ETPs), becoming the first US-based crypto fund issuer to offer staking-based passive income opportunities. Grayscale said on Monday its Ether ETFs — the Grayscale Ethereum Mini Trust ETF and Grayscale Ethereum Trust ETF (ETHE) — are now the first US-listed spot crypto funds to offer staking, calling…