IBIT Stock Recent News
IBIT LATEST HEADLINES
The cryptocurrency market is in a bear phase, with Bitcoin and related ETFs like BITO and IBIT experiencing significant value declines. IBIT is superior to BITO due to lower expenses, direct Bitcoin investment, and better tax efficiency, despite BITO offering options. Bitcoin fails as an alternative currency and store of value due to inefficiency, high transaction costs, and lack of correlation with inflation hedges.
The iShares Bitcoin Trust ETF (NASDAQ:IBIT) is struggling to maintain momentum after a strong start to 2024. While the ETF is up 22.08% year-to-date, it's down a troubling 20.94% over the last six months.
This weekly update tracks some of the largest cryptocurrencies by market share: bitcoin and ether. While both are considered to be high-risk when it comes to investing, the two have foundational differences that investors should know.
Goldman Sachs and Morgan Stanley invested huge sums into spot bitcoin ETFs during the second quarter of 2024.
CNBC's MacKenzie Sigalos joins 'Closing Bell Overtime' to talk more big banks launching crypto ETFs.
CNBC's MacKenzie Sigalos joins 'Closing Bell Overtime' to talk more big banks launching crypto ETFs.
This weekly update tracks some of the largest cryptocurrencies by market share: bitcoin and ether. While both are considered to be high-risk when it comes to investing, the two have foundational differences that investors should know.
The iShares Bitcoin Trust ETF offers regulated Bitcoin exposure. Backed by financial services titan BlackRock, the iShares ETF is a popular choice among investors.
The Bitcoin halving did not lead to an expected price surge, but the focus now on establishing a Bitcoin strategic reserve in the US brings promise. Trump and RFK Jr. both promise to create a national Bitcoin reserve if elected, resonating with crypto enthusiasts. Bitcoin's market dominance is increasing, with potential government purchases and ETF inflows supporting my $148,000 price target.
This weekly update tracks some of the largest cryptocurrencies by market share: bitcoin and ether. While both are considered to be high-risk when it comes to investing, the two have foundational differences that investors should know.