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When Bitcoin (CRYPTO: BTC) hit the $100,000 mark in December, all lights appeared to be flashing green. Many investors were convinced that Bitcoin was about to go parabolic. This astonishing turn of events has led some investors to rethink everything they know about Bitcoin, including the famous "Bitcoin Cycle" investment thesis that claims to predict the next move of the world's most popular cryptocurrency.

BlackRock's IBIT is by far the largest of the 12 spot bitcoin ETFs listed in the U.S., with net assets of over $50 billion.

BlackRock has launched its first bitcoin exchange-traded product in Europe, in a bid to tap growing demand for cryptocurrency exposure in new markets after attracting more than $50 billion into similar products in the United States. The world's largest asset manager has launched its 'iShares Bitcoin ETP', according to a BlackRock product page online, which is domiciled in Switzerland and listed in Paris, Amsterdam and Frankfurt. BlackRock declined to comment.

Dogecoin (CRYPTO: DOGE) was founded in 2013 by two friends who thought the cryptocurrency industry was taking itself too seriously. Inspired by the "Doge" meme that was spreading across the internet at the time, they created Dogecoin as a joke (in their own words). Unfortunately, Dogecoin has almost no real-world utility, and speculative frenzies never last.

The Dogecoin Foundation agreed in February to a five-year partnership with House of Doge, which will be its official commercialization partner.

(Bloomberg) -- BlackRock Inc., the world’s largest asset manager, is launching a Bitcoin exchanged-traded product in Europe, following the success of its $48 billion US fund tracking the cryptocurrency.Most Read from BloombergThey Built a Secret Apartment in a Mall. Now the Mall Is Dying.Why Did the Government Declare War on My Adorable Tiny Truck?Chicago Transit Faces ‘Doomsday Scenario,’ Regional Agency SaysLA Faces $1 Billion Budget Hole, Warns of Thousands of LayoffsTrump Slashed Internation

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