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Home » BlackRock

BlackRock CEO Larry Fink says bitcoin is a legitimate financial asset

July 16, 2024 By Crypto Reporter

BlackRock co-founder and CEO Larry Fink has changed his mind on bitcoin over the years. While acknowledging earlier doubts and criticisms, Fink said he became a believer in cryptocurrencies after dedicating time to studying and learning about bitcoin. He now sees a place for crypto in the average investor’s portfolio. … [Read more...] about BlackRock CEO Larry Fink says bitcoin is a legitimate financial asset

BlackRock’s bitcoin ETF becomes the largest bitcoin fund in the world

May 31, 2024 By Crypto Reporter

BlackRock's iShares Bitcoin Trust has become the world's largest fund for the world's largest cryptocurrency, racking up nearly $20 billion in total assets since listing in the U.S. in January, Bloomberg News reported on Wednesday. … [Read more...] about BlackRock’s bitcoin ETF becomes the largest bitcoin fund in the world

BlackRock bitcoin ETF holdings surpassed 250,000 BTC

March 31, 2024 By Crypto Reporter

BlackRock's IBIT spot bitcoin exchange-traded fund reached 252,011 BTC (~$17.8 billion) in assets under management, just 3 months after trading began. … [Read more...] about BlackRock bitcoin ETF holdings surpassed 250,000 BTC

BlackRock’s strategic move into asset tokenization

March 26, 2024 By Crypto Reporter

BlackRock, the world's largest asset manager, is making a significant leap into the digital asset space with its latest venture into the tokenization of real-world assets (RWA) on the Ethereum network. This pioneering initiative marks a pivotal moment in the integration of traditional finance with blockchain technology, signaling a robust vote of confidence in the future of … [Read more...] about BlackRock’s strategic move into asset tokenization

BlackRock bitcoin ETF sees record Inflows, holdings reach new heights

February 16, 2024 By Crypto Reporter

In a significant milestone for the cryptocurrency market, BlackRock's bitcoin exchange-traded fund (ETF) has experienced record inflows, propelling its holdings to unprecedented levels. Reports indicate that the ETF's holdings have surged past 100,000 BTC, reflecting a growing appetite for digital assets among institutional investors. … [Read more...] about BlackRock bitcoin ETF sees record Inflows, holdings reach new heights

BlackRock files for spot Ethereum ETF

November 19, 2023 By Crypto Reporter

BlackRock Inc., the world’s largest asset manager, has filed an application with the U.S. Securities and Exchange Commission (SEC) for a spot Ether ETF, further expanding its footprint in the cryptocurrency sector. This move marks a significant step by BlackRock in capitalizing on the growing interest in Ethereum, the blockchain platform powering Ether, the second-largest … [Read more...] about BlackRock files for spot Ethereum ETF

Europe treads the Bitcoin ETF path: a sign of maturing crypto markets

August 22, 2023 By Crypto Reporter

In a move that signals the continued integration of cryptocurrencies into mainstream financial systems, Europe has unveiled its very first Bitcoin ETF. The Euronext Amsterdam Exchange, a prominent stock exchange located in the heart of Europe's financial domain, has become the launchpad for this innovative investment vehicle. This development comes as part of a larger trend of … [Read more...] about Europe treads the Bitcoin ETF path: a sign of maturing crypto markets

Bitcoin ETFs: potential game-changer amid muted market activity

July 12, 2023 By Crypto Reporter

Bitcoin exchange-traded funds (ETFs) have been seen as a mirage in the cryptocurrency world, with numerous applications denied or withdrawn due to regulatory concerns. However, recent events suggest a tide change could be on the horizon. … [Read more...] about Bitcoin ETFs: potential game-changer amid muted market activity

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