BitCluster

Yesterday the community marked the anniversary of the day when BlackRock, the world’s largest asset management firm with over $9 trillion in assets under management, filed an application with the SEC for a spot Bitcoin ETF — the iShares Bitcoin Trust. The move instantly turned the market around: the news triggered a sharp rise in Bitcoin’s price and became one of the defining events of that cycle

For years before this, the SEC had repeatedly rejected applications for spot Bitcoin ETFs, but BlackRock’s entry changed everything. The company’s near-flawless ETF approval track record sent a clear signal that Bitcoin had officially entered the major leagues of traditional finance. The result followed quickly: by January 2024, the ETF was approved, cementing Bitcoin’s status as an institutional asset

US spot bitcoin ETFs have recorded the longest ever nine‑day streak of net outflows, with a total of about $2.8 billion pulled from these products. The flows reversed on May 15, and by the end of this outflow period the year‑to‑date balance for the ETFs had turned negative, whereas as recently as the spring they had been one of the main drivers of institutional demand for BTC

☁️ Behind the scenes of our data center in Ethiopia

Cloudy in Addis Ababa, 22°C

According to the Central Bank of El Salvador, the share of cryptocurrency‑related remittances sent to El Salvador rose by nearly 50% in the first quarter of 2026 compared to the same period in 2025