iShares Bitcoin Trust

US46438F1012

IBIT

IBIT

$IBIT
$MS (+0,94 %)

Investing.com - Morgan Stanley (NYSE:MS) disclosed a notable investment in its 13F filing with the U.S. Securities and Exchange Commission (SEC) for the second quarter of 2024. The bank invested $187.79 million in BlackRock (NYSE:BLK)'s spot Bitcoin ETF. This makes Morgan Stanley one of the five largest shareholders in the BlackRock iShares Bitcoin Trust (IBIT), the largest spot Bitcoin ETF with a total market value of 20 billion dollars."°1

"The annual fees charged by issuers can also contribute to capital attraction. BlackRock has set its fee for the iShare ETF at 0.12% for the first 12 months, or up to $5 billion in assets under management, and then plans to increase it to 0.25%."°2

°1 https://de.investing.com/news/cryptocurrency-news/morgan-stanley-sturmt-in-bitcoin-187-millionen-dollar-fliesen-in-blackrocketf-2686525

°2 https://de.cointelegraph.com/news/blackrock-ibit-bitcoin-etf-crosses-2-billion-market-cap

Blech Rock is making money from the product 😜

I'm really looking forward to the 2025 reporting season and finding out how much they have earned and will earn with the product.

Another small addition

BlackRock conquers the crypto throne

With assets under management now totaling USD 21.22 billion, BlackRock is pulling away from the crypto ETF competition. Grayscale is beaten.

https://www.btc-echo.de/schlagzeilen/blackrock-erobert-den-krypto-thron-190276/

--BlackRock, Inc. ($BLK (+0,66 %) ) today announced that its Board of Directors has declared a quarterly cash dividend of $5.10 per share of common stock. The dividend will be paid on September 23, 2024 to shareholders of record at the close of business on September 9, 2024.

https://www.businesswire.com/news/home/20240724574602/en/BlackRock-Declares-Quarterly-Dividend-of-5.10-on-Common-Stock

So stable

But I firmly believe that the launch of the two ETFs $IBIT and US46438R1059 will put a lot of money in the coffers and contribute to the fact that we will soon see a nice increase.

By the way, no stalking for more returns in the ETF

"WILL THE iSHARES ETHEREUM TRUST ETF USE ITS ETHER TO GENERATE RETURNS FOR INVESTORS?

No, the iShares Ethereum Trust ETF will not be staking its ether at this time. Staking involves operational complexities and regulatory issues that make it unfeasible at this time."

https://www.ishares.com/us/strategies/ways-to-invest-in-ethereum

We'll see what happens, let's see

Furthermore, the amount of the next dividend payments remains unchanged from the last quarter:

$V (-1,68 %)
$MRK (-1,78 %)

+++ Blackrock's Bitcoin ETF $BLK (+0,66 %)
$IBIT has overtaken Grayscale's Bitcoin ETF $GBTC by Grayscale in terms of assets under management and is now the largest Bitcoin ETF +++

Would love a follow!

BNP Paribas ($BNP (+1,38 %) ), according to a filing with the SEC, has acquired shares of Black Rock ($BLK (+0,66 %) ) Bitcoin ETF ($IBIT ). However, it is only a very small position.

BNP Paribas acquired a total of 1k shares at a price of 40.47 US dollars eachwhich amounted to a total of 41,684.10 US dollars in total.

What do you think of $IBIT ? I'm thinking about investing 200€/month in crypto only. I started a few months ago (different coins) and it's fun. However, buying Bitcoin directly is currently too hot for me.

So, would you prefer to invest directly in coins or in the Bitcoin ETF?

Thank you!