Author: Digicoinvision

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 in annual revenue, BlackRock ETF analyst Eric Balchunas posted to X on Monday.IBIT became the most profitable BlackRock ETF when it surpassed IWF and EFA around mid-July, as previous X posts from Balchunas show.Every other BlackRock ETF in the top 12 by fee revenue has been…

Multinational bank Standard Chartered predicted that more than $1 trillion may exit emerging market banks and flow into stablecoins by 2028 as demand for US dollar-pegged crypto assets accelerates. In a Monday report, Standard Chartered’s Global Research department said it expects global stablecoin adoption to accelerate as payment networks and other core banking activities shift to the non-bank sector. As stablecoins gain traction in emerging markets (EM), Standard Chartered noted that users might utilize stablecoins to access what’s essentially a US dollar-based account. “Stablecoin ownership has been more prevalent in EM than DM, suggesting that such diversification is also more likely in…

Grayscale Investments has become the first American asset manager to integrate staking into spot crypto exchange-traded products, a step that could reshape how traditional investors earn yield on digital assets.In an Oct. 6 statement, the firm announced that staking is now available for its Grayscale Ethereum Mini Trust ETF (ETH) and Grayscale Ethereum Trust ETF (ETHE).The move allows holders of both products to earn staking rewards directly within their ETFs, either as reinvested gains or as cash payouts.Grayscale said the dual-option model was designed to attract investors with different goals, including long-term compounding for those who prefer growth and direct…

They say journalists never truly clock out. But for Christian, that’s not just a metaphor, it’s a lifestyle. By day, he navigates the ever-shifting tides of the cryptocurrency market, wielding words like a seasoned editor and crafting articles that decipher the jargon for the masses. When the PC goes on hibernate mode, however, his pursuits take a more mechanical (and sometimes philosophical) turn. Christian’s journey with the written word began long before the age of Bitcoin. In the hallowed halls of academia, he honed his craft as a feature writer for his college paper. This early love for storytelling paved…

Join Our Telegram channel to stay up to date on breaking news coverage A comment by Binance co-founder Changpeng Zhao, aka CZ, sent the 4 meme coin skyrocketing, helping one investor turn a $3k trade into $2 million in just hours. Zhao’s tweet on X highlighted a hacker who dumped his 4 tokens for a $4,000 gain, calling it the “funniest comeback by the community” after the meme coin surged nearly 20,000% in the past week “Interestingly, after the hacker dumped ALL his tokens for a $4k gain, the community took over and bought the meme coin higher, as a…

Morgan Stanley’s Global Investment Committee has formally recommended that clients allocate between 2% and 4% of their portfolios to bitcoin and crypto. The new report, issued on October 1, outlines crypto (primarily bitcoin) allocations based on investor risk profiles. Opportunistic growth portfolios, which target higher-risk and higher-return strategies, should include up to 4% in crypto, while balanced growth portfolios are capped at 2%, the report read. The committee who wrote the report characterized bitcoin as a scarce asset comparable to digital gold, suggesting that it now occupies a legitimate role within diversified investment strategies.  “We place the emerging asset class…

Switzerland’s gambling regulator is looking into whether “right-to-buy” tokens sold by global soccer organizing body FIFA ahead of the 2026 World Cup tournament comply with rules that govern gambling, Bloomberg reported. No wrongdoing has been alleged.Gespa is assessing whether the tokens, which can be bought, sold and traded on FIFA’s non-fungible token (NFT) marketplace, are gambling-like or represent conditional purchase rights. FIFA stands for Fédération Internationale de Football Association.The authority has not alleged wrongdoing nor had it received any reports of wrongdoing, and is gathering facts to determine whether any action is warranted, director Manuel Richard told Bloomberg on Monday.According to…

The cryptocurrency first rallied to a fresh all-time high of $125.5K early Sunday morning and set a new $125.8K record on Monday afternoon. Is Bitcoin’s Rally Sustainable? Onchain Data Suggests It Is Coinmarketcap data shows that bitcoin ( BTC) quietly climbed past its previous high of $124,457.12 early Sunday morning and notched a fresh record […]

Key takeaways:Paul Tudor Jones expects massive upside from US markets, but notes that widespread retail and institutional participation is required for a market peak.US stock market valuations and economic conditions don’t point to an immediate downturn, supporting the thesis of continued speculative momentum.Billionaire investor Paul Tudor Jones firmly believes that US financial markets are far from a bubble and points to the US government’s growing fiscal crisis as a catalyst for risk-on assets, including Bitcoin (BTC). Tudor’s main thesis relies on loose monetary policies, retail flows and speculation.US fiscal debt issue favors allocation in risk-on assets, including BitcoinIn July, US…

Key takeaways:ETH ETFs have opened access, but flows remain cyclical.SOL’s plumbing is set: CME futures are live, with options slated for Oct. 13 (pending approval).The SEC’s generic standards now allow faster spot-commodity ETP listings beyond BTC and ETH.For SOL to outperform ETH, it will need sustained creations, tight hedging, real onchain usage and continued developer momentum.It’s true that Ether (ETH) already has the head start in the exchange-traded fund (ETF) race: Spot Ether ETFs began trading on July 23, 2024, attracting approximately $107 million in first-day net inflows and opening a mainstream path for investors through brokers and retirement accounts.However,…