Bitcoin Trust - Truenewj

BlackRock’s IBIT sees .3 billion dark fund sale as ETF outflows deepen

BlackRock’s IBIT sees $1.3 billion dark fund sale as ETF outflows deepen

amefika1 week ago02 mins

A $1.3 billion block of BlackRock’s iShares Bitcoin Trust (NASDAQ: $IBIT) changed hands in a dark pool Tuesday morning, putting new pressure on a Bitcoin market already undergoing another streak of ETF outflows. The off-exchange trade covered nearly 29 million IBIT shares and was executed at 10:30 a.m. ET. The size stood out across all…

The Man Who Once Allowed Ohio to Pay Taxes in Cryptocurrencies Just Lost .2 Million on Bitcoin Options

The Man Who Once Allowed Ohio to Pay Taxes in Cryptocurrencies Just Lost $1.2 Million on Bitcoin Options

amefika7 months ago03 mins

Bitcoin Options in Mandel Ohio. Photo by BeInCrypto Former Ohio State Treasurer Josh Mandel, once hailed as an early political proponent of Bitcoin, has revealed a personal loss of more than $1.2 million on call options linked to BlackRock’s iShares Bitcoin Trust (IBIT). The former state official’s bet followed his bold prediction that Bitcoin would…