BlackRock’s iShares Bitcoin Trust (IBIT) Fund became one of the most invested ETFs in 2024. This happened just 17 days after IBIT was launched, and with this, BlackRock’s IBIT Fund entered the top 5 ETFs.
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The top two most invested ETFs are:
- iShares Core S&P 500 ETF (IVV): This fund received $13 billion in inflows and manages $428 billion in assets.
- Vanguard 500 Index Fund ETF (VOO): Received $11.1 billion in inflows and manages $398 billion in total assets.
It can also be said that the Bitcoin chart has been squeezed into a narrow range in the last day and that Ethereum has started to rise.
In addition, Hedera Hashgraph (HBAR) announced that it has signed a 5-year agreement by announcing a partnership in Saudi Arabia. According to this agreement, a studio worth approximately $250 million will be established in the country in the fields of Web3, AI and Blockchain technologies.
B2C2, a Liquidity Provider, has received regulatory approval from Luxembourg as a VASP (Virtual Asset Service Provider) aiming to further develop in Europe. With this approval, B2C2 will provide cryptocurrency services to its corporate clients via the OTC method.
Finally, we can give the news that Monero (XMR) was shaken by the Binance delist news. XMR, the pioneer of privacy tokens, fell below its lowest level of the last 2 years after this bad news.