BlackRock Sells $561 Million in Bitcoin to Purchase Ethereum
BlackRock, the largest asset manager globally, is making waves again in the crypto world, this time by selling Bitcoin to purchase Ethereum. Recent on-chain data indicates that over the past few days, BlackRock has started to liquidate part of its Bitcoin holdings via the Coinbase Prime Institutional Platform. Specifically, BlackRock’s recent BTC sales involved 300 […]
Federal support for Republican states in climate lawsuit against BlackRock and major investment firms
Federal Antitrust Agencies Back Allegations Against Asset Managers On Thursday, federal antitrust regulators voiced their support for claims by several Republican-led states. They have accused major property managers—BlackRock, Vanguard, and State Street—of allegedly colluding to cut down coal production via climate-related actions, according to two sources who are aware of the situation. The Department of […]
Expert Indicates BlackRock Clearly Aims for XRP ETF, but Cautions Investors
BlackRock’s Interest in XRP ETFs Raises Questions Speculation is rising regarding BlackRock’s potential submissions for XRP ETFs. Vandell Aljarrah, an industry expert and co-founder of Black Swan Capital, has some thoughts on this. He believes that while it’s exciting for asset managers wanting to enter this market, investors should proceed with caution. Aljarrah suggested that […]
Major Asset Management Firm BlackRock Met with SEC to Talk About Crypto Staking, Tokenization, and More
The largest asset management firm in the world recently met with the Securities and Exchange Commission (SEC) to explore various regulatory issues surrounding the cryptocurrency market. As per a recent note, BlackRock engaged with the SEC Crypto Task Force to cover topics such as crypto staking, asset tokenization, various digital asset products, and criteria for […]
BlackRock Discusses Crypto With SEC: Is an XRP ETF on the Way?
BlackRock Discusses Future of Digital Assets with SEC On May 9th, BlackRock met with the Securities and Exchange Commission’s Cryptographic Task Force to go over various important topics that could influence the future of digital assets. Key discussions included the possible incorporation of staking into crypto exchange-traded products (ETPs) and the wider implications of traditional […]
BlackRock will require senior managers to return to the office five days a week, according to reports.
BlackRock, the largest asset management firm globally, is reportedly planning to instruct senior managers to return to the office full-time, five days a week. On Thursday, the New York-based company is expected to announce that around 1,000 managing directors worldwide should be in the office full-time. Earlier this year, BlackRock had already told employees they […]
Brown University Invests Millions in Bitcoin Through BlackRock ETF Shares – Decrypt
Simply put Brown University recently revealed an exposure to nearly $5 million in Bitcoin through ETF shares. The university held 105,000 shares of BlackRock’s IBIT ETF as of March 31. Ivy League institution Brown University has invested significantly in Bitcoin through BlackRock’s iShares Bitcoin Trust ETF (IBIT), as indicated in the latest 13F-HR filing with […]
BlackRock Bitcoin ETF Claims Top Honors as Best New ETF and Crypto ETP of the Year – The Crypto Basic
BlackRock Isshares Bitcoin TrustETF (IBIT) was recognized as “Best Newet” and brought home the title “Crypto ETP of the Year.” ETF Store president Nate Geraci brought attention to the development in a tweet. The scale and speed of the iShares Bitcoin Trust ETF’s asset accumulation have made it stand out within the Bitcoin ETF ecosystem. […]
BlackRock CEO Fink’s letter to investors cuts DEI references
Global bond BlackRock CIO Rick Rick Rieder analyzes US economic performance as some observers are worried about the recession. BlackRock CEO Larry Fink's letter to annual investors continued to move away from politically controversial topics such as diversity, equity and inclusion (DEI) to politically controversial topics from environmental, social and governance (ESG) policies. Fink released […]
US may already be in recession: BlackRock CEO
BlackRock CEO Larry Fink said in a recent interview that the US may be in a recession or very close as a result of President Trump's sweeping tariffs. “Even though we don't do now, I think we're very close,” Fink said. I said this during his appearance on Friday About CNBC's “Scoke on the Street.” […]