Tag Archives: blackrock

BlackRock has followed up its Coinbase partnership with its first institutional crypto investment product: a private bitcoin trust that offers direct exposure to spot BTC price action. BlackRock has debuted its first investment product offering direct exposure to bitcoin, according to a statement issued on Thursday (August 12, 2022). The product is a private bitcoin trust for institutional clients based in the US that offers direct exposure to the spot price of the largest...

Coinbase verwaltet 20 Milliarden US-Dollar World’s largest investment manager partners up with Coinbase: Coinbase has been selected by BlackRock, the world’s largest investment manager, to offer institutional clients direct access to crypto. There are plans to start with bitcoin first. This is what Coinbase reports in a blog post. First: direct access to bitcoin „Today marks an exciting next step in our journey as we announce that Coinbase is...

The past seven days haven’t been particularly favorable for the cryptocurrency in terms of price action. Bitcoin dropped below $40K and is currently unable to reclaim the important psychological level, while many altcoins followed a similar, if not tougher, path. This time last week, BTC was trading at around $42,000, but this didn’t last long. The cryptocurrency began declining last Friday, and by Saturday, it was already trading below $40K. The beginning of the workweek...

Larry Fink – CEO of the multinational investment management corporation BlackRock – seems more and more convinced of the merits of the cryptocurrency industry. He said his company is studying digital assets broadly, while clients have recently shown great interest in the sector. BlackRock Marching Towards Crypto The Chief Executive Officer of BlackRock – Larry Fink – was nowhere near that supportive of the cryptocurrency universe back in the days. In 2017, he described...

Larry Fink, the CEO of BlackRock – one of the biggest financial and investing platforms in the world – has dropped hints that he will potentially support bitcoin and cryptocurrencies in the coming future. Larry Fink Goes from Crypto Hate to Crypto Interest This is big news considering Fink has often spoken ill of digital assets in the past. At the time of writing, BlackRock oversees the management of approximately $10 trillion in assorted monies and assets, and it’s...

Rick Rieder, the managing director of BlackRock, Inc., said in an interview on CNBC’s “Squawk Box” Thursday that he could see the Bitcoin price (BTC) “go up significantly.” That’s a welcome word for bitcoin traders this week, with the price back down to the $45K handle. That doesn’t by any means make Mr. Rieder, the CIO for the world’s largest asset management company (with $9 trillion in assets under management), an all-out Bitcoin bull. He cautioned that the bitcoin price...

Citigroup, Morgan Stanley and BlackRock are all huge companies in the financial space, but they cannot hold a candle to Coinbase, which is arguably on track to becoming one of the largest – if not the largest – crypto exchanges across the globe. Coinbase Is the Biggest One on the Block Coinbase has now been trading publicly on the Nasdaq for a couple of days, and the exchange – which was already quite large – is growing thanks to its new IPO (initial public offering)....

Asset manager BlackRock says it has made more than $350,000 in bitcoin futures over the past three months. The company has been dabbling in such futures since January and has garnered a pretty profit in return. BlackRock Is Beginning to Make Money On BTC Futures As it stands, two funds associated with BlackRock have permission to invest in crypto futures according to documentation brought forth by the Securities and Exchange Commission (SEC). At the time of writing,...

Hey Informanten, willkommen zur Bitcoin-Informant Show Nr. 1020. Im heutigen Video geht’s um folgende Themen: Ripple XRP explodiert 100% in 7 Tagen, BlackRock CIO glaube Bitcoin kann Gold ersetzen & ETH 2.0 erreicht Deposit Grenze Stunden vor Deadline. 1.) Ripple Kurs explodiert – XRP steigt auf über 100% in 7 Tagenhttps://cryptomonday.de/ripple-kurs-explodiert-xrp-steigt-auf-ueber-100-in-7-tagen/ 2.) CIO von BlackRock: Bitcoin könnte Gold...

One of the biggest complaints about the cryptocurrency space is that it isn’t doing enough to attract institutional investors. Well, this may be changing thanks to newfound attention for the Grayscale Bitcoin Trust in New York.Grayscale Is Boosting the Institutional PresenceDespite attempts to integrate institutional crypto trading platforms such as Bakkt – owned and governed by the Intercontinental Exchange (ICE) – the presence of professional investors in the crypto world appears to be...