Tag: assets under management

  • Frax Community Greenlights frxUSD Stablecoin Supported by BlackRock’s BUIDL

    In recent developments within the financial technology sector, the growing prominence of institutional digital funds has drawn significant attention from investors and analysts alike. One noteworthy example is BlackRock’s US dollar Institutional Digital Liquidity Fund, which has successfully amassed over $648 million in assets under management (AUM). This milestone not only highlights the fund’s potential…

  • Securitize suggests using BlackRock BUIDL fund as collateral for Frax USD.

    BlackRock’s US dollar Institutional Digital Liquidity Fund, as reported by RWA.XYZ, currently manages approximately $549 million in assets. This signifies a notable presence in the financial market, reflecting investor confidence in the fund’s performance and BlackRock’s reputation as a leading asset management firm. The robust asset under management (AUM) of the Digital Liquidity Fund underscores…

  • BlackRock’s New Bitcoin ETF Exceeds $10B in Assets Under Management (AUM) Quicker Than Any Other ETF So Far

    BlackRock’s iShares Bitcoin Trust (IBIT) has recently exceeded $10 billion in assets under management (AUM), showcasing a rapid growth trajectory in the cryptocurrency investment landscape. The latest data from CoinGlass reveals that IBIT has confidently crossed this significant milestone, solidifying its position as a key player in the increasingly popular cryptocurrency ETF market. This achievement…

  • Bitcoin ETFs Surpass $37 Billion AUM, Accounting for around 33% of Gold ETF Assets

    According to market data, spot Bitcoin exchange-traded funds (ETFs) based in the US have gained significant traction, accumulating approximately $37 billion in assets under management (AUM) within the first 25 days of trading. This achievement is noteworthy as it highlights the substantial market demand for Bitcoin ETFs. To put this into perspective, the total AUM…

  • US Bitcoin ETF Inflows Propel Crypto Assets Under Management to a Two-Year Peak of $59 Billion

    Large inflows into the newly launched spot Bitcoin Exchange-Traded Funds (ETFs) in the United States have propelled the assets under management (AUM) for crypto-related investment products to a two-year high of $59 billion, according to CoinShares’ latest weekly report. This surge in AUM signifies the growing popularity and acceptance of cryptocurrencies as a legitimate investment…

  • FT Reports: Galaxy Digital Sets Sights on Distressed Crypto Firm Assets

    Financial Analyst Report: Galaxy Digital Expands Asset Acquisition into Distressed Crypto Market Introduction: Galaxy Digital, a leading digital asset management firm, has recently reported exponential asset growth, resulting from its successful liquidation deal with FTX. This expansion has led Galaxy Digital to explore further acquisition opportunities in the distressed digital asset market. In line with…