BlackRock’s Bitcoin fund surpasses $70B swiftly, setting a record for ETFs
BlackRock’s Spot Bitcoin Exchange Traded Fund has now become the quickest ETF to reach a remarkable $70 billion in assets under management (AUM). ETF analyst Eric Balchunas noted, “IBIT just blew through $7 billion and is now the fastest ETF to hit that mark in just 341 days.” This announcement was made in a June […]
BounceBit Tests Bitcoin Trading Approach with BlackRock’s BUIDL as Security
BounceBit Launches Innovative Bitcoin Trading Strategy BounceBit, a provider focused on crypto infrastructure that combines centralized (CEFI) and decentralized finance (DEFI) features, has rolled out a new Bitcoin (BTC) derivative trading strategy. This approach leverages BlackRock’s yield-generating tokenized money market fund, BUIDL, to optimize returns. The trading strategy, which is available to both institutional and […]
BlackRock’s head of digital assets says staking could be a ‘huge step change’ for ether ETFs – CNBC
Omar Marquez | Lightrocket | Getty Images appetite ether According to Robert Mitchnick, BlackRock's digital assets director, ETFs have been released in July last year and are lukewarm, but they can change once some of the regulatory wrinkles are “resolved.” Mitchinik has a widespread view at New York City's Digital Assets Summit on Thursday that […]
BlackRock’s Larry Fink says nationalistic US policies to stoke inflation
BlackRock Rally Fink said Monday that inflation in the US will be raised by nationalist policies, including the deportation of workers. Speaking at the Cerawek conference in Houston, the head of the US investment management company added that the market is discounting inflation and there will be further costs increase over the next six to […]
BlackRock’s Bitcoin ETF Records Its Largest Outflow – TradingView
Largest public fund tracking Bitcoin BTCUSD Nearly a year after it went live, it recorded its highest outflow on Thursday. BlackRock's Nasdaq-listed IBIT, which has more than $53 billion in net assets, saw more than $332 million exit the fund on Thursday, according to data source SoSoValue. This surpassed the short-term record of $188 million […]
BlackRock’s Bitcoin ETF sees record outflow as funds bleed $1.5B in 4 days – Cointelegraph
BlackRock's Bitcoin Exchange Traded Fund (ETF) saw total outflows from Bitcoin funds exceed $1.5 billion for the fourth consecutive business day, marking the largest single-day outflow ever. According to CoinGlass, BlackRock's iShares Bitcoin Trust ETF (IBIT) reached $188.7 million in outflows on Dec. 24, surpassing its previous record of $72.7 million set on Dec. 20. […]
BlackRock’s Ethereum ETF Soars Past 1 Million ETH – Can Price Follow? | Bitcoinist.com – Bitcoinist
Ethereum (ETH) once again failed to break through the stubborn $4,000 resistance level, but BlackRock's iShares Ethereum Trust ETF quietly declined. accumulated Over 1 million ETH. This milestone reflects strong institutional demand for Ethereum, even though price performance in 2024 remains lackluster. Institutional interest in Ethereum grows Year-to-date (year-to-date), Ethereum, the second-largest cryptocurrency by market […]
Tucker Carlson Saga: Inside BlackRock’s $1.5 Billion Investment in Fox News | Shorts | Facts Matter
Watch the full episode: https://ept.ms/45MSharesRM Last week, after we published an episode going through how Fox News lost … source
BlackRock’s Larry Fink sounds off on investors expecting huge Fed rate cuts
BlackRock CEO Larry Fink told investors Tuesday. It would be a mistake to think that the Fed will cut rates significantly later this year because billionaire money men believe the U.S. economy will continue to grow. Mr. Fink dismissed market expectations for further rate cuts through the end of the year after Powell cut interest […]
BlackRock’s support of ESG resolutions falls to record low
Rick Rieder, CIO of Global Fixed Income at BlackRock, offers up some key investment advice on The Claman Countdown. BlackRock, the world’s largest asset manager, appears to be moving further away from environmental, social and governance (ESG) initiatives. Of the roughly 500 ESG-related proposals submitted by shareholders during the 2023-24 meeting season, only 4% were […]