Tag: blackrock
Here’s Why Largest Asset Manager BlackRock is Yet to File for an XRP ETF
BlackRock, the world’s largest asset manager with $11.6 trillion under management, has not yet filed for an XRP exchange-traded fund. This development [...]
Markets on Edge After Bitcoin Death Cross and Fink’s Recession Warning – What’s Coming Next?
BlackRock CEO Larry Fink has warned that the United States may already be in a recession. Since April began, the S&P 500 has declined by 10.11 per [...]
BlackRock Will Join the XRP ETF Race Late, Expert Suggests Why
The race to launch an XRP exchange-traded fund (ETF) is heating up, but BlackRock, the world’s largest asset manager, is expected to enter the market [...]
BlackRock’s Bitcoin Exodus: A Tsunami of Outflows Shakes the Crypto Market
BlackRock’s iShares Bitcoin Trust (IBIT) has experienced a significant capital outflow, with investors rapidly withdrawing funds. Given BlackRock's in [...]
Bitcoin Scarcity Could Become “Dramatic” as Mainstream Adoption Grows, Says Bitwise CEO
Bitcoin's inherent scarcity is becoming a focal point as the cryptocurrency gains broader adoption, according to Bitwise CEO Hunter Horsley. Highlight [...]
IRS Delays Crypto Tax Reporting Rules
The Internal Revenue Service (IRS) has postponed new cryptocurrency cost-basis reporting regulations. Initially slated for enforcement by the end of 2 [...]
BlackRock’s iShares Bitcoin Trust Hits $50 Billion, Breaking ETF Records in Under a Year
BlackRock's iShares Bitcoin Trust (IBIT) has set a groundbreaking precedent in the exchange-traded fund (ETF) industry. Within 11 months of its 2024 d [...]
BlackRock’s iShares Ethereum Trust Leads ETF Inflows Amid Market Volatility
The BlackRock iShares Ethereum Trust (ETHA) has demonstrated impressive performance, surpassing its competitors with a 14-day inflow streak. Data from [...]
BlackRock Elevates Bitcoin to Gold Status, Expands Cryptocurrency Offerings
In the latest annual letters, BlackRock CEO Larry Fink revealed that BlackRock now considers Bitcoin a gold option. It came as the firm reportedly eng [...]
BlackRock commends Bitcoin as the global monetary option in the rising Fiat anxiety
MicroStrategy co-founder and Bitcoin advocate Michael Saylor has voiced support for recent statements made by BlackRock's Head of Digital Assets, Robb [...]