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BlackRock’s Bitcoin fund surpasses $70B swiftly, setting a record for ETFs

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 […]

Taxing the wealthy, as Mamdani and other progressives suggest, won’t fund an expanded New York City government.

Taxing the wealthy, as Mamdani and other progressives suggest, won't fund an expanded New York City government.

Mayoral Candidate Zoran Mamdani’s Plans Under Scrutiny In this month’s Democratic primary, mayoral candidate and Queens Councilman Zoran Mamdani has made waves by backing a significant expansion of city government. His campaign touts his ability to secure funding for these ambitious initiatives, but the question remains: can he really deliver? Mamdani’s platform includes proposals for […]

Pension fund withdrawal by the government may leave millions without enough support.

Pension fund withdrawal by the government may leave millions without enough support.

Government’s Pension Reforms Might Endanger Retirees’ Savings Sunday, June 8th, 2025 at 10pm | update: Sunday, June 8th, 2025, 5:41pm The government’s recent initiative to permit the extraction of cash from its final salary pension scheme has drawn significant criticism. A new analysis suggests that this move could jeopardize the savings of millions of retirees. […]

Is the Vanguard 500 Index Fund ETF Worth Buying Right Now?

Is the Vanguard 500 Index Fund ETF Worth Buying Right Now?

If you’re considering adding an investment to your long-term portfolio, the Vanguard S&P 500 ETF might be worth your attention. It tracks the S&P 500, and many investors find it to be a sound choice. Even Warren Buffett has mentioned that he plans for most of his wealth to go into an S&P 500 index […]

Early Twitter Investor Creates $100 Million Bitcoin Fund for Health Technology Company

Early Twitter Investor Creates $100 Million Bitcoin Fund for Health Technology Company

Simply put HealthTech Firm plans to purchase 1,000 Bitcoin for its Corporate Treasury, valued at over $100 million. Fintech investor Greg Kidd has acquired a significant stake in the company and will become the CEO after the deal is finalized. Know Labs is among the latest public companies to initiate Bitcoin purchases. Another public company, […]

Hedge fund leader Ken Griffin criticizes the White House regarding the tax bill

Hedge fund leader Ken Griffin criticizes the White House regarding the tax bill

Ken Griffin Critiques Trump’s Tax Plans At a recent conference in New York City, hedge fund mogul Ken Griffin took aim at the controversial tax proposals associated with the Trump administration, highlighting the potential impact on the national debt, which is already staggering at $36 trillion. Griffin, the 56-year-old CEO of Citadel and valued at […]

Hedge fund giant Cliff Asness embraces AI

Hedge fund giant Cliff Asness embraces AI

Cliff Asness Embraces AI in Trading Decisions Cliff Asness, the 58-year-old co-founder of AQR Capital Management, has acknowledged his company’s increasing reliance on artificial intelligence for trading strategies, as reported by Forbes. This shift marks a notable change for Asness, who previously admitted to losing his temper and destroying his computer screen in frustration. Now […]

Author Marks Fund Supporting Women’s Legal Expenses Amid Backlash Over Gender Opinions

JK Rowling Launches Legal Fund for Women Facing Discrimination Renowned British author JK Rowling has initiated a legal fund aimed at supporting women who have experienced discrimination due to their beliefs on sex and gender. This move has garnered positive reactions from various communities. Rowling’s “JK Rowling Women’s Fund” (JKRWF) is self-funded, allowing women to […]