IBIT Stock Recent News
IBIT LATEST HEADLINES
Spot Bitcoin ETFs continued doing well this week as investors reacted to the encouraging statement by the Federal Reserve. These funds saw inflows for four consecutive days through September 17 when they added over $186 million in assets.
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.
Bitcoin is a headline grabbing crypto that many view as a new asset class. The iShares Bitcoin Trust ETF buys the digital token so you don't have to.
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.