The iShares Bitcoin Managed Protection ETF would use options on IBIT to limit losses, in exchange for giving up some upside.
Crypto
BlackRock Files for 'Buffer' Bitcoin ETF as IBIT Draws $665M in a Day
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Bitcoin drops to $81,400 as Asian chip stocks tumble, options traders seek downside protection
Bitcoin slipped 0.5% to around $81,400 even after the biggest daily spot ETF inflow in nearly a month as South Korea's Kospi index fell 3.7% on AI worries.
Crypto
Mt. Gox pushes creditor repayment deadline to 2027 in sixth extension
Mt. Gox extended its repayment deadline by another year as some creditors remain unpaid due to incomplete procedures and payment processing issues.
Crypto
BlackRock Bitcoin ETF Pulls In $665 Million While Rivals Lose Money
TL;DR: BlackRock’s IBIT recorded roughly $665 million in net inflows on October 19, even as several other US spot Bitcoin ETFs saw investors take money out. A strong day for Bitcoin ETFs wasn’t quite as broad-based as the headline number s…
Crypto
XRP Whale That Stacked Above $2 Just Moved 82 Million Tokens
An XRP wallet that took in nearly 300 million XRP while the token traded around $2 sent 82.3 million XRP, worth about $106.6 million, to a brand-new address earlier today. Following the Wallet Whale Alert first flagged the move as a transf…