Jm (jm9338)

Asset management giant BlackRock added $4.1 million worth of its spot Bitcoin ETF shares to two of its funds, according to May 28 SEC filings. The asset manager added $3.6 million of its iShares Bitcoin Trust (IBIT) shares to its BlackRock Strategic Income Opportunities Portfolio (BSIIX).

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founder of Skybridge Capital, believes that the institutional adoption of bitcoin is happening now. Highlighting recent developments like the State of Wisconsin Investment Board investing in Blackrock’s spot bitcoin exchange-traded fund (ETF), he predicts that other pension funds will make similar announcements.

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Do Kwon, Terraform Labs Should Get $5.3B Fine, SEC Tells Court The U.S. Securities and Exchange Commission (SEC) has asked a New York court to impose $5.3 billion in fines on Terraform Labs and co-founder Do Kwon for their role in the $40 billion implosion of the Terra ecosystem in 2022.

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💰 JPMorgan Expects Bitcoin Pullback, Bernstein Ups Forecast to $90K The market seems confused, as predictions for bitcoin price after halving have started to wildly fluctuate.

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