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Read More »NYSE American Seeks SEC Nod for Options Tradings on Three Ethereum ETFs
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Read More »BlackRock Solana ETF Not Happening Anytime Soon, CIO Confirms
BlackRock has confirmed it has no plans to launch a Solana (SOL) ETF anytime soon, despite the roaring success of its Bitcoin and Ethereum spot ETFs launched this year. The company’s dismissal of small-cap altcoins leaves room for other asset managers to compete in this area, with some already filing to launch the product. BlackRock’s Take On A Solana ETF During a Tuesday interview with Bloomberg, BlackRock CIO Samara Cohen said a BlackRock Solana ETF launch is “not in the...
Read More »Beware of Scams: BlackRock Confirms No Social Media Investment Solicitations
American multinational investment giant – BlackRock – has recently reported a significant increase in investment-related scams, particularly those that direct individuals to crypto investment websites or social media platforms like WhatsApp and Telegram. The company has cautioned its investors when engaging with individuals, websites, or social media platforms using BlackRock’s brand to offer training or investment opportunities. BlackRock Cautions Investors In its official...
Read More »Ark Invest Sells Off Shares of Its Own Spot Bitcoin ETF Worth $7.8M
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Read More »Bitcoin Breaks $68,000 Mark amid Record Inflows and ETF Momentum
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Read More »BlackRock CEO Explains Why He’s No Longer A Bitcoin Skeptic
BlackRock CEO Larry Fink spoke on Monday on why he was wrong to be a skeptic on Bitcoin and crypto before properly studying the asset class. His firm’s newly published Q2 earnings showcased a record $10.65 trillion AUM for the investment manager, in small part thanks to inflows to its Bitcoin ETF product launched in January. Larry Fink’s Bitcoin Awakening “As you know… I was a proud skeptic,” said Fink during an interview with CNBC’s Jim Cramer on Monday. “I studied it,...
Read More »BlackRock Hits Record $10.6 Trillion in Assets Under Management
BlackRock, the world’s largest asset manager, reported a milestone in its second-quarter financial results, as assets under management (AUM) soared past the $10 trillion mark. The company reported an AUM of $10.6 trillion, marking a 13% increase from the previous year’s $9.43 trillion. BlackRock’s Q2 Performance According to the report, BlackRock’s earnings per share (EPS) rose to $9.99 from $9.06 a year earlier, with revenue increasing by 7.7% to $4.8 billion. Total revenue...
Read More »BlackRock AUM Tops $10T amid Bitcoin ETF Boost
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Read More »Back on Track: Spot Bitcoin ETFs Draw $295M on July 8th, Matching June’s High Inflows
The US spot Bitcoin exchange-traded funds (ETFs) saw nearly $295 million in net inflows on July 8th. This represented significant buying activity, which was last seen in June, when Bitcoin was hovering above $70,000. Notably, major funds have appeared to have made a comeback despite Bitcoin struggling with downward pressure. BlackRock’s IBIT Tops ETF Inflows The latest surge in investment comes as these vehicles kicked off July on a strong note. In the second week of July,...
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