BlackRock Bitcoin ETF Filing Propels GBTC Shares by 57%, Slashes Discount to 30%!
Introduction The Grayscale Bitcoin Investment Trust (GBTC) has experienced a significant increase of 57% following the filing of a spot Bitcoin Exchange Traded Fund (ETF) by BlackRock, a leading asset management company, on June 15. A Look at GBTC’s Market Performance The value of GBTC shares rose from $13 on June 15 to $20.46 at […]
BlackRock Unleashes $100B FDIC Treasure Trove: Seized Assets from Silicon Valley, Signature Banks!
BlackRock Inc. has recently started to gauge interest for over $100 billion in assets that were seized last month due to the failures of Silicon Valley Bank and Signature Bank, with the first list being a $292 million parcel of agency mortgage-backed securities with coupons of about 2.5% to 3%. It is anticipated that sales […]