ChainCatcher news, Bloomberg senior analyst James Seyffart posted data on the X platform indicating that the Abu Dhabi sovereign wealth fund Mubadala Investment Company is currently the seventh largest holder of the known BlackRock Bitcoin ETF (IBIT), holding IBIT valued at $461.23 million. This indicates that traditional financial institutions are increasingly interested in the cryptocurrency market and are beginning to participate through investments in Bitcoin ETFs and other means.

ChainCatcher news, according to Bitcoin Magazine, the Hong Kong-based family office Avenir Group reports that it holds a BlackRock Bitcoin ETF valued at $599 million.

ChainCatcher news, on Friday, Nasdaq submitted a revised rule filing on behalf of BlackRock, allowing the BlackRock iShares Bitcoin Trust to conduct in-kind redemption. Typically, when investors want to sell an ETF, they receive redemption proceeds in cash. In-kind redemption means that investors can choose to redeem using the underlying assets (i.e., Bitcoin) that the ETF is invested in.In the year leading up to the Securities and Exchange Commission (SEC) approving a spot Bitcoin ETF, various companies have been discussing the specific technical details of how this product would conduct redemptions. The SEC tends to favor cash redemptions, which means that when investors want to redeem their Bitcoin ETF shares, the fund management company (such as BlackRock) must first sell the Bitcoin it holds and then return the cash obtained from the sale of Bitcoin to the investors.

ChainCatcher news, according to official data, as of January 23, BlackRock's Bitcoin exchange-traded fund IBIT holds 574,118.8438 BTC, with a market value exceeding 60 billion USD, reaching 60,061,936,586.63 USD.

ChainCatcher news, according to the Financial Times, pension funds are trying to buy Bitcoin. Pension funds in Wisconsin and Michigan have become one of the largest holders of U.S. stock market funds focused on cryptocurrency, while some pension fund management agencies in the UK and Australia have also made small allocations to Bitcoin through funds or derivatives in recent months.As of the end of September, the Wisconsin Investment Board became the 12th largest shareholder of the BlackRock Bitcoin ETF, with shares worth approximately $155 million. Michigan is the sixth largest shareholder of the Grayscale Ethereum ETF, with holdings valued at $12.9 million, and is also the 11th largest shareholder of the ARK 21Shares Bitcoin ETF.Since U.S. Election Day, the UK pension fund consultancy Mercer has received a large number of inquiries, as trustees do not want to be ignorant of popular asset classes. Most pension funds have turned to the regulated U.S. spot Bitcoin or Ethereum ETFs approved last year. In the UK, the pension consultancy Cartwright has facilitated the first Bitcoin transaction, with a small undisclosed pension plan directly investing about £1.5 million in Bitcoin, hoping to fill funding gaps through excess returns.At the same time, more than 50 individual savers wish to transfer their entire pensions into cryptocurrency. Cartwright is exploring the possibility of establishing a Bitcoin fund with two multi-employer pension funds. Australia's AMP Capital has also utilized Bitcoin to enhance returns. AMP Senior Portfolio Manager Steve Flegg stated that although cryptocurrencies are high-risk and novel, their scale and potential cannot be ignored, thus the AMP portfolio has made a moderate allocation to Bitcoin futures.However, funds allocating to Bitcoin and other cryptocurrencies remain in the minority within the pension industry, and most advisors are reluctant to recommend that clients venture into cryptocurrencies.

ChainCatcher news, Cointelegraph posted on the X platform that the trading volume on the first day of the BlackRock Bitcoin ETF options reached 1.9 billion dollars.

ChainCatcher news, the Nasdaq Stock Exchange listed options for BlackRock's iShares Bitcoin Trust ETF on Tuesday. Data shows that over 350,000 contracts changed hands, with about 80% being bullish bets. Among the 10 most traded options, 9 were betting on an increase. The most traded was a call option expiring in January with a strike price of $55, followed by a call option expiring in December with a strike price of $65, which is 25% higher than the ETF's closing price on Monday. Bitcoin reached a historic high of $94,032 on the day the options contracts were listed.Some investors expect that U.S. Bitcoin ETF options will attract more capital inflow. Caroline Mauron, co-founder of Orbit Markets, stated that the options trading volume is a "good start, showcasing the increasing connection between the crypto-native ecosystem and traditional financial markets. While the volume itself is not yet enough to influence the direction of the underlying asset, the positive news has indeed fueled bullish sentiment."

ChainCatcher message, according to monitoring data from Arkham, about eight hours ago, 206.583 BTC flowed from the Coinbase Prime hot wallet address into the BlackRock Bitcoin Exchange-Traded Fund IBIT Bitcoin ETF, worth approximately 15.91 million dollars.

ChainCatcher news, according to CryptoSlate, BlackRock's iShares Bitcoin Trust (IBIT) has become the third highest fund in net inflows year-to-date among U.S. ETFs in 2024, attracting $26.174 billion.As of now, IBIT's year-to-date return is 48.52%, with assets under management reaching $30.1 billion, surpassing many traditional ETFs in both net inflows and performance. Furthermore, IBIT's year-to-date return is nearly twice that of the second highest return among the top ten funds by flow ranking. However, IBIT's total assets under management (AUM) are more than ten times smaller than those of the other top four funds.Just yesterday, on November 7, IBIT saw a net inflow of $1.1 billion in a single day, a figure that exceeds the annual inflow of all ETFs in the U.S. outside the top 150. This significant inflow surpasses the year-to-date total inflows of most of the approximately 3,300 ETFs in the U.S. market.

ChainCatcher news, according to a post by Bitcoin Magazine on the X platform, BlackRock's Bitcoin ETF bought $2.4 billion worth of BTC this week.

ChainCatcher message, BlackRock's official update on Bitcoin ETF holdings shows that as of October 21, BlackRock's Bitcoin exchange-traded fund IBIT has a holding of 391,484.1137 BTC, with a holding market value of approximately $26,453,051,343.01.

ChainCatcher news, BlackRock officially updates its cryptocurrency exchange-traded fund data. As of September 25, BlackRock's Bitcoin exchange-traded fund IBIT holds 362,192.679 BTC, valued at nearly $2.3 billion; BlackRock's Ethereum exchange-traded fund ETHA holds 373,603.7202 ETH, valued at approximately $964 million.

ChainCatcher news, BlackRock's official update shows that as of September 24, the holdings of its spot Bitcoin exchange-traded fund IBIT reached 359,279.7658 BTC, valued at approximately $22,959,101,582.85.

According to ChainCatcher news, as reported by Decrypt, the U.S. Securities and Exchange Commission (SEC) has approved a rule change allowing the Nasdaq International Securities Exchange to list and trade options on BlackRock's spot Bitcoin ETF (iShares Bitcoin Trust, referred to as IBIT). This decision marks a step forward in expanding the range of Bitcoin-related derivatives, providing investors with additional tools to manage exposure to the world's largest cryptocurrency.Since regulators approved several Bitcoin-related ETFs in the U.S., BlackRock has been seeking approval for such listings at least since March of this year. The SEC's approval came after several amendments submitted by Nasdaq ISE aimed at addressing concerns about manipulation and excessive risk-taking in the emerging crypto options market.IBIT options will be physically settled and will use American-style exercise, providing hedging services for investors looking to manage Bitcoin-related risks. Despite the approval, the SEC's actions still stem from ongoing concerns about the potential risks of cryptocurrency derivatives. Comment letters submitted during the review process highlighted worries about market volatility and the broader integration of cryptocurrencies with traditional financial markets. Some urged the SEC to delay approval until the Bitcoin market stabilizes further. In any case, the SEC found that the exchange's surveillance mechanisms, including real-time monitoring and a cross-market surveillance sharing agreement with the Chicago Mercantile Exchange, were sufficient to prevent manipulation.

ChainCatcher news, according to a report by Bitcoin Magazine, since the last filing with the U.S. Securities and Exchange Commission (SEC), the Wisconsin Investment Board has increased its holdings in BlackRock's Bitcoin ETF.According to the 13-F filing submitted to the SEC, the board purchased 447,651 shares of BlackRock's iShares Bitcoin Trust, bringing its total holdings to 2,898,051 shares valued at $98.9 million as of the end of the quarter. It also sold all of its shares in the Grayscale Bitcoin Trust (GBTC) worth $63.7 million in the previous quarter.The board also purchased 5,980 shares of cryptocurrency exchange Coinbase, increasing its total holdings to 98,446 shares valued at nearly $21.9 million. Additionally, 77,996 shares of Bitcoin miner Marathon Digital were purchased, bringing the total holdings to 115,084 shares, approximately $2.3 million.

ChainCatcher news, according to Bitcoin Magazine, since the last filing with the U.S. Securities and Exchange Commission, the Wisconsin Investment Board has increased its holdings in the BlackRock Bitcoin ETF.