• bitcoinBitcoin (BTC) $ 96,156.00
  • ethereumEthereum (ETH) $ 2,732.35
  • xrpXRP (XRP) $ 2.68
  • tetherTether (USDT) $ 0.999947
  • bnbBNB (BNB) $ 670.29
  • solanaSolana (SOL) $ 184.28
  • usd-coinUSDC (USDC) $ 0.999936
  • dogecoinDogecoin (DOGE) $ 0.263630
  • cardanoCardano (ADA) $ 0.796014
  • staked-etherLido Staked Ether (STETH) $ 2,729.79
  • tronTRON (TRX) $ 0.245864
  • wrapped-bitcoinWrapped Bitcoin (WBTC) $ 96,076.00
  • chainlinkChainlink (LINK) $ 19.26
  • wrapped-stethWrapped stETH (WSTETH) $ 3,257.22
  • avalanche-2Avalanche (AVAX) $ 25.32
  • stellarStellar (XLM) $ 0.339316
  • suiSui (SUI) $ 3.29
  • ugold-incUGOLD Inc. (UGOLD) $ 3,037.58
  • the-open-networkToncoin (TON) $ 3.82
  • litecoinLitecoin (LTC) $ 125.68
  • shiba-inuShiba Inu (SHIB) $ 0.000016
  • hedera-hashgraphHedera (HBAR) $ 0.219436
  • leo-tokenLEO Token (LEO) $ 9.77
  • usdsUSDS (USDS) $ 0.999338
  • hyperliquidHyperliquid (HYPE) $ 25.50
  • wethWETH (WETH) $ 2,731.40
  • polkadotPolkadot (DOT) $ 4.94
  • mantra-daoMANTRA (OM) $ 7.50
  • bitcoin-cashBitcoin Cash (BCH) $ 328.70
  • bitget-tokenBitget Token (BGB) $ 5.18
  • ethena-usdeEthena USDe (USDE) $ 0.998944
  • uniswapUniswap (UNI) $ 9.85
  • wrapped-eethWrapped eETH (WEETH) $ 2,894.42
  • murasakiMurasaki (MURA) $ 4.23
  • moneroMonero (XMR) $ 234.14
  • pepePepe (PEPE) $ 0.000010
  • aaveAave (AAVE) $ 268.59
  • nearNEAR Protocol (NEAR) $ 3.40
  • ondo-financeOndo (ONDO) $ 1.27
  • whitebitWhiteBIT Coin (WBT) $ 27.19
  • official-trumpOfficial Trump (TRUMP) $ 17.77
  • aptosAptos (APT) $ 6.05
  • daiDai (DAI) $ 0.999772
  • mantleMantle (MNT) $ 1.03
  • internet-computerInternet Computer (ICP) $ 7.12
  • susdssUSDS (SUSDS) $ 1.04
  • ethereum-classicEthereum Classic (ETC) $ 20.81
  • okbOKB (OKB) $ 50.67
  • bittensorBittensor (TAO) $ 360.25
  • gatechain-tokenGate (GT) $ 23.20
  • kaspaKaspa (KAS) $ 0.108377
  • polygon-ecosystem-tokenPOL (ex-MATIC) (POL) $ 0.323597
  • vechainVeChain (VET) $ 0.033647
  • tokenize-xchangeTokenize Xchange (TKX) $ 31.63
  • coinbase-wrapped-btcCoinbase Wrapped BTC (CBBTC) $ 96,129.00
  • crypto-com-chainCronos (CRO) $ 0.087951
  • algorandAlgorand (ALGO) $ 0.276743
  • render-tokenRender (RENDER) $ 4.49
  • jupiter-exchange-solanaJupiter (JUP) $ 0.830862
  • filecoinFilecoin (FIL) $ 3.42
  • arbitrumArbitrum (ARB) $ 0.488362
  • cosmosCosmos Hub (ATOM) $ 4.82
  • first-digital-usdFirst Digital USD (FDUSD) $ 0.998594
  • fetch-aiArtificial Superintelligence Alliance (FET) $ 0.778176
  • lombard-staked-btcLombard Staked BTC (LBTC) $ 96,166.00
  • sonic-3Sonic (prev. FTM) (S) $ 0.574426
  • lido-daoLido DAO (LDO) $ 1.89
  • fasttokenFasttoken (FTN) $ 3.93
  • celestiaCelestia (TIA) $ 3.16
  • binance-peg-wethBinance-Peg WETH (WETH) $ 2,731.88
  • kelp-dao-restaked-ethKelp DAO Restaked ETH (RSETH) $ 2,819.45
  • optimismOptimism (OP) $ 1.16
  • xdce-crowd-saleXDC Network (XDC) $ 0.096791
  • injective-protocolInjective (INJ) $ 15.41
  • binance-staked-solBinance Staked SOL (BNSOL) $ 191.16
  • kucoin-sharesKuCoin (KCS) $ 12.07
  • solv-btcSolv Protocol SolvBTC (SOLVBTC) $ 96,053.00
  • ethenaEthena (ENA) $ 0.460375
  • immutable-xImmutable (IMX) $ 0.809899
  • blockstackStacks (STX) $ 0.932162
  • raydiumRaydium (RAY) $ 4.84
  • quant-networkQuant (QNT) $ 95.40
  • rocket-pool-ethRocket Pool ETH (RETH) $ 3,071.37
  • the-graphThe Graph (GRT) $ 0.144510
  • theta-tokenTheta Network (THETA) $ 1.34
  • nexoNEXO (NEXO) $ 1.34
  • bonkBonk (BONK) $ 0.000017
  • movementMovement (MOVE) $ 0.550330
  • mantle-staked-etherMantle Staked Ether (METH) $ 2,888.74
  • worldcoin-wldWorldcoin (WLD) $ 1.23
  • flare-networksFlare (FLR) $ 0.021185
  • usual-usdUsual USD (USD0) $ 0.997108
  • sei-networkSei (SEI) $ 0.235490
  • jasmycoinJasmyCoin (JASMY) $ 0.022258
  • dexeDeXe (DEXE) $ 17.82
  • solv-protocol-solvbtc-bbnSolv Protocol SolvBTC.BBN (SOLVBTC.BB) $ 95,623.00
  • galaGALA (GALA) $ 0.022817
  • the-sandboxThe Sandbox (SAND) $ 0.399599
  • eosEOS (EOS) $ 0.637052
  • flokiFLOKI (FLOKI) $ 0.000097
  • msolMarinade Staked SOL (MSOL) $ 233.70
  • tezosTezos (XTZ) $ 0.900241
  • telcoinTelcoin (TEL) $ 0.011802
  • ethereum-name-serviceEthereum Name Service (ENS) $ 27.26
  • renzo-restaked-ethRenzo Restaked ETH (EZETH) $ 2,830.24
  • jito-governance-tokenJito (JTO) $ 2.98
  • bittorrentBitTorrent (BTT) $ 0.00000087
  • iotaIOTA (IOTA) $ 0.232125
  • pancakeswap-tokenPancakeSwap (CAKE) $ 2.79
  • makerMaker (MKR) $ 998.87
  • wbnbWrapped BNB (WBNB) $ 670.42
  • roninRonin (RON) $ 1.34
  • flowFlow (FLOW) $ 0.521860
  • virtual-protocolVirtuals Protocol (VIRTUAL) $ 1.22
  • bitcoin-svBitcoin SV (BSV) $ 39.87
  • arbitrum-bridged-wbtc-arbitrum-oneArbitrum Bridged WBTC (Arbitrum One) (WBTC) $ 96,254.00
  • neoNEO (NEO) $ 10.99
  • pyth-networkPyth Network (PYTH) $ 0.213164
  • kaiaKaia (KAIA) $ 0.131033
  • jupiter-staked-solJupiter Staked SOL (JUPSOL) $ 200.19
  • usddUSDD (USDD) $ 1.00
  • chain-2Onyxcoin (XCN) $ 0.022305
  • tether-goldTether Gold (XAUT) $ 2,900.65
  • axie-infinityAxie Infinity (AXS) $ 4.42
  • dogwifcoindogwifhat (WIF) $ 0.688154
  • mantle-restaked-ethMantle Restaked ETH (CMETH) $ 2,890.18
  • binance-peg-dogecoinBinance-Peg Dogecoin (DOGE) $ 0.264027
  • curve-dao-tokenCurve DAO (CRV) $ 0.528061
  • heliumHelium (HNT) $ 3.75
  • l2-standard-bridged-weth-baseL2 Standard Bridged WETH (Base) (WETH) $ 2,732.43
  • spx6900SPX6900 (SPX) $ 0.695697
  • paypal-usdPayPal USD (PYUSD) $ 1.00
  • berachain-beraBerachain (BERA) $ 5.93
  • fraxFrax (FRAX) $ 0.995887
  • elrond-erd-2MultiversX (EGLD) $ 22.61
  • aerodrome-financeAerodrome Finance (AERO) $ 0.817849
  • decentralandDecentraland (MANA) $ 0.335086
  • usdx-money-usdxusdx.money USDX (USDX) $ 0.999785
  • pudgy-penguinsPudgy Penguins (PENGU) $ 0.009687
  • arweaveArweave (AR) $ 9.31
  • pax-goldPAX Gold (PAXG) $ 2,926.00
  • starknetStarknet (STRK) $ 0.231575
  • conflux-tokenConflux (CFX) $ 0.119281
  • pendlePendle (PENDLE) $ 3.58
  • matic-networkPolygon (MATIC) $ 0.323421
  • resolv-usrResolv USR (USR) $ 1.00
  • dydx-chaindYdX (DYDX) $ 0.781953
  • pumpbtcpumpBTC (PUMPBTC) $ 95,421.00
  • chilizChiliz (CHZ) $ 0.060289
  • arbitrum-bridged-weth-arbitrum-oneArbitrum Bridged WETH (Arbitrum One) (WETH) $ 2,732.26
  • beam-2Beam (BEAM) $ 0.010710
  • ether-fi-staked-ethether.fi Staked ETH (EETH) $ 2,727.75
  • zcashZcash (ZEC) $ 34.53
  • insurance-2INSURANCE (INSURANCE) $ 29.05
  • dohrniiDohrnii (DHN) $ 9.84
  • coredaoorgCore (CORE) $ 0.538048
  • ecasheCash (XEC) $ 0.000027
  • apecoinApeCoin (APE) $ 0.724541
  • beldexBeldex (BDX) $ 0.075383
  • wormholeWormhole (W) $ 0.178667
  • meowMEOW (MEOW) $ 0.005922
  • kavaKava (KAVA) $ 0.467141
  • compound-governance-tokenCompound (COMP) $ 56.01
  • morphoMorpho (MORPHO) $ 2.21
  • true-usdTrueUSD (TUSD) $ 0.997175
  • newton-projectAB DAO (AB) $ 0.011002
  • aioz-networkAIOZ Network (AIOZ) $ 0.427046
  • bitcoin-avalanche-bridged-btc-bAvalanche Bridged BTC (Avalanche) (BTC.B) $ 96,126.00
  • clbtcclBTC (CLBTC) $ 96,652.00
  • amp-tokenAmp (AMP) $ 0.005654
  • reserve-rights-tokenReserve Rights (RSR) $ 0.008360
  • akash-networkAkash Network (AKT) $ 1.87
  • apenftAPENFT (NFT) $ 0.00000046
  • gnosisGnosis (GNO) $ 173.29
  • verus-coinVerus (VRSC) $ 5.68
  • thorchainTHORChain (RUNE) $ 1.25
  • tbtctBTC (TBTC) $ 96,091.00
  • eigenlayerEigenlayer (EIGEN) $ 1.80
  • quantixaiQuantixAI (QAI) $ 84.25
  • story-2Story (IP) $ 1.73
  • stakestone-berachain-vault-tokenStakeStone Berachain Vault Token (BERASTONE) $ 2,707.13
  • based-brettBrett (BRETT) $ 0.043992
  • mina-protocolMina Protocol (MINA) $ 0.355009
  • axelarAxelar (AXL) $ 0.468066
  • trust-wallet-tokenTrust Wallet (TWT) $ 1.02
  • terra-lunaTerra Luna Classic (LUNC) $ 0.000077
  • fartcoinFartcoin (FARTCOIN) $ 0.427528
  • bridged-usdc-polygon-pos-bridgeBridged USDC (Polygon PoS Bridge) (USDC.E) $ 0.999845
  • ai16zai16z (AI16Z) $ 0.385800
  • chex-tokenCHEX Token (CHEX) $ 0.419980
  • olympusOlympus (OHM) $ 25.14
  • super-oethSuper OETH (SUPEROETHB) $ 2,730.47
  • zksyncZKsync (ZK) $ 0.111534
  • coinbase-wrapped-staked-ethCoinbase Wrapped Staked ETH (CBETH) $ 2,979.81
  • blackrock-usd-institutional-digital-liquidity-fundBlackRock USD Institutional Digital Liquidity Fund (BUIDL) $ 1.00
  • usdbUSDB (USDB) $ 0.997536
  • hashnote-usycHashnote USYC (USYC) $ 1.08
  • polygon-pos-bridged-weth-polygon-posPolygon PoS Bridged WETH (Polygon POS) (WETH) $ 2,731.03
  • grassGrass (GRASS) $ 1.61
  • wouldwould (WOULD) $ 0.392781

On the One Year Anniversary of the Approval of Bitcoin Spot ETFs, BlackRock Senior Executive Speaks on Bitcoin

On the One Year Anniversary of the Approval of Bitcoin Spot ETFs, BlackRock Senior Executive Speaks on Bitcoin

It’s been a little over a year since BlackRock launched its iShares Bitcoin Trust ETF (IBIT), and the firm’s head of digital assets, Robert Mitchnick, describes the first year as “incredible.”

However, he notes that Bitcoin adoption is still in its early stages, particularly among institutional and wealth advisory clients.

The iShares Bitcoin Trust ETF saw record inflows and rapid asset accumulation in its inaugural year, driven largely by direct retail investor interest. The ETF also benefited from Bitcoin’s historic rally above $100,000 late last year, although enthusiasm may wane in the early months of 2025.

Mitchnick acknowledged the recent outflows from ETFs but praised the product’s broader success. “We’re focused on being a valuable resource and educational partner for our clients,” he says, adding that adoption in the institutional and wealth advisory segments is an untapped opportunity.

While individual investors were the primary driver of IBIT’s early success, the firm is now turning its attention to attracting institutional clients and wealth advisors, Mitchnick said. These segments face greater hurdles due to rigorous research and approval processes, but represent significant growth opportunities, he said.

“We are still in the early days of adoption in the asset advisory and institutional segments,” Mitchnick explained. “There is great momentum among firms working to accelerate approvals that will allow advisors to incorporate Bitcoin into their client portfolios.”

Mitchnick also highlighted the surge in institutional interest last quarter, as well as progress in wealth advisory channels, which he sees as a larger, longer-term opportunity.

“Both segments are very important, but asset advisory may hold the most promise due to the increasing momentum in approvals,” he said.

*This is not investment advice.

Source

Leave A Reply

Your email address will not be published.