Rick Rieder, Chief Investment Officer of Global Fixed Income at Blackrock, told Bloomberg’s ETF IQ on June 15, 2026, that he expects bitcoin to go “considerably higher” over the long term, even as the firm holds a moderate position in the asset. Rieder’s Track Record With Bitcoin Rieder is not a new voice on bitcoin. […]
BlackRock CIO Rick Rieder has maintained that Bitcoin can still climb considerably higher despite competition from AI-linked stocks, yield-focused investments, and emerging opportunities in credit markets. According to comments made by Rieder during an interview on Bloomberg TV, the BlackRock…
State Street Investment Management launched a dedicated money market fund for stablecoin issuers on June 8, 2026, becoming the fourth major financial institution to target one of Wall Street’s fastest-growing reserve management niches. Fund Basics The State Street Stablecoin Reserves Money Market Fund operates under SEC Rule 2a-7 and holds only assets eligible under the […]
BlackRock listed the iShares Bitcoin Premium Income ETF (BITA) on Nasdaq, overlaying a covered-call strategy on IBIT to generate monthly income while capping upside participation.
BlackRock's BITA ETF could reshape Bitcoin investment by offering predictable income and reduced volatility, challenging traditional strategies.
The post BlackRock’s BITA Bitcoin ETF launches on NASDAQ, targets 15-25% yield through covered-call strategy appeared first on Crypto Briefing.
In crypto news today (June 16), Bitcoin has surged above $66,000, continuing the bullish price action that began over the past weekend amid an incoming peace deal between the US and Iran, slowing ETF outflows, and the Bank of Japan raising interest rates. Liquidations have picked up, with over $536M over the past 24-hours and..
The post Crypto News Today (June 15): BTC Back Above $66K, Bank of Japan Announces Rate Hike, BlackRock BITA Fund Receives SEC Approval appeared first on 99Bitcoins.
BitMEX co-founder Arthur Hayes has been indulging in Ethereum accumulation, drawing the attention of institutional investors. According to Lookonchain, a wallet linked to Hayes received 3,000 ETH worth around $5.4 million from market maker Flowdesk. This transaction was seen to have occurred after optimistic geopolitical developments. Also, this move has