NYSE:BLKCapital Markets
BlackRock Bitcoin ETF Volatility Raises New Questions On Systemic Risk
BlackRock’s spot Bitcoin ETF, IBIT, saw record trading volumes and options activity during a sharp market sell off.
Reports indicate leveraged positions tied to IBIT may have contributed to hedge fund failures and faster market downside.
The episode has raised questions about the ETF’s systemic importance and its role in amplifying short term volatility.
For an asset manager of BlackRock’s scale, NYSE:BLK, the episode is more than a single product story. IBIT sits at the intersection of...