crypto

Yaël Bizouati-Kennedy3/21/25

Metaplanet joins top 10 corporate bitcoin holders

Bitcoin’s had a sluggish week, with the price stalled in the mid-$80,000 range for another week.

President Trump’s hyped appearance for the Digital Asset Summit fell flat as it was simply a short, prerecorded message. Many in the space were hoping for grandiose announcements, but there was nothing of substance in the under three-minute speech.

The president’s son, Eric Trump, made his own crypto news this week. Japanese company Metaplanet, which has been on a bitcoin buying spree, appointed the younger Trump to its newly established strategic board of advisors on Friday.

“This appointment marks a significant step in Metaplanet’s continued mission to drive bitcoin adoption and strengthen its position as a global leader in the bitcoin economy,” the company said in a statement.

Metaplanet also bought 150 bitcoin this week, bringing its stash to 3,200 bitcoin.

“With today’s Bitcoin purchase, Metaplanet has leapfrogged into the Top 10 publicly listed Bitcoin holders globally!” Metaplanet CEO Simon Gerovich posted on X.

Michael Saylor’s Strategy also added to its stash this week, though it was a relatively small purchase of 130 bitcoin. The company is still leading the stockpiler pack, hodling 499,226 bitcoin.

Finally, psychedelics-focused biotech company ATAI announced it was establishing a bitcoin reserve. Chairman Christian Angermayer said in a post that the company “will invest an initial position of $5 million in bitcoin.”

More Crypto

Ethereum slides under $4,150 and spot ETFs break eight-day positive inflow streak

The token touched $4,750 earlier this week.

Man Holding Open Book Repeated

Red Sunburst

Solana ETFs listings delayed as JPMorgan predicts the funds to net $1.5 billion in first year

JPMorgan analysts noted that “solana is not perceived by investors the same way as ethereum as the main DeFi/smart contract cryptocurrency.”

Yaël Bizouati-Kennedy6h

crypto

David Crowther10/9/25

BlackRock’s bitcoin ETF is on the cusp of $100 billion in assets, a milestone it will have achieved in less than two years

While VOO might be the largest ETF in the world, IBIT — BlackRock’s iShares Bitcoin Trust ETF — is the fastest-growing. And the bitcoin-centered product is on the cusp of a major milestone, reporting that it now holds 802,257 BTC, putting it within a whisker of hitting $100 billion in assets (worth roughly $99 billion in good old-fashioned USD at the time of writing).

Considering that BlackRock’s iShares Bitcoin Trust launched only 636 days ago, that’s a remarkable speedrun, as individual and institutional investors have embraced cryptocurrency via the exchange-traded fund. For context, VOO took over 2,900 days to hit the same milestone (about eight years).

VOO vs. IBIT spead to $100 billion assets under management — Sherwood News

As noted in a great piece by Robin Wigglesworth in the Financial Times, IBIT is now a major money-spinner for one of the biggest stalwarts of TradFi. As the largest exchange-traded product in the crypto space, and with a not insignificant expense ratio of 0.25%, the ETF is pulling in somewhere in the region of $250 million of revenue for its asset manager parent company. As Wigglesworth puts it:

“Anyway, it’s heartwarming to see that one of the companies profiting the most from an anarchical, decentralised invention supposedly designed to reorder the global financial system is... BlackRock.”

crypto

Yaël Bizouati-Kennedy10/8/25

Bitcoin ETFs take in more than $2 billion in two days

Bitcoin is down 2.7% from its recent record which saw it passing $126,000, but bitcoin ETFs are still hot.

The ETFs have already amassed more than $2 billion this week, on track to surpass last week’s $3.2 billion in inflows. In total, bitcoin ETFs have just under $165 billion in assets under management, representing 6.78% of the total market cap, SoSoValue data shows.

BlackRock’s iShares Bitcoin Trust by far took the lion’s share, with $1.8 billion of inflows. The fund is also close to $100 billion in assets, despite not even being 2 years old.

Bitwise CEO Matt Hougan said in a note, “The stars are aligned for a very strong Q4 for flows — more than enough to push us to a new record,” in part thanks to the “debasement trade.”

Yaël Bizouati-Kennedy

Bitcoin and its spot ETFs continue to hit new records

On Monday, bitcoin crossed $126,000 for the first time while bitcoin ETFs saw $1.2 billion in inflows.

A Bitcoin ATM in Hong Kong...

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