Blackrock’s spot bitcoin exchange-traded fund (ETF), the Ishares Bitcoin Trust (IBIT), has amassed 414 insitutional holders in less than three months, according to filings with the U.S. Securities and Exchange Commission (SEC). A senior Bloomberg analyst described this achievement as “mind-boggling” and “highly rare” for new ETFs. Other recently launched ETFs have significantly fewer institutional […]
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Spotify stock rallied 5% in premarket trading after its third-quarter earnings report delivered a stronger-than-expected profit outlook, boosting investor sentiment toward the music-streaming giant. The company projected fourth-quarter...
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