Tag: Blackrock
BlackRock’s Ethereum Tokenized Fund Disburses $2.1 Million
The July dividend distribution from the BlackRock USD Institutional Digital Liquidity (BUIDL) fund exceeded $2 million, marking a record high for the fund’s monthly distributions. According to Etherscan data, the…
In the most recent wave of updated forms, BlackRock sets a 0.25% cost as companies get ready to introduce spot Ethereum ETFs
Ahead of its anticipated debut date next week, asset management behemoth BlackRock set its charge at 0.25% for its spot Ethereum product as companies file updated documents. BlackRock stated in…
Anyone who is “frightened of the world” is encouraged to invest in bitcoin by the CEO of BlackRock
On Monday, BlackRock CEO Larry Fink endorsed Bitcoin in what may have been his most ardent way to date. He referred to himself as a big supporter of the leading…
CEO of BlackRock Larry Fink Describes Why Bitcoin Is Essential for Modern Portfolios
Given the prominence of BlackRock—which manages more than $10 trillion in assets—Fink’s support is significant. Why Bitcoin Is Seen as Having Potential by Larry Fink In his presentation on CNBC,…
BlackRock’s Tokenized Fund Surges with $160M Inflows, Adds $95M More
BlackRock, the renowned asset management giant, has made waves in the digital finance realm with its inaugural tokenized investment fund, the BlackRock USD Institutional Digital Liquidity Fund (BUIDL). In just…
BlackRock Boosts Bitcoin Holdings Despite ETF Outflows
BlackRock, the world’s largest asset management company, has made headlines by increasing its Bitcoin holdings despite significant outflows from exchange-traded funds (ETFs). Bitcoin Holdings Increase: BlackRock has bolstered the amount…
BlackRock Explores Spot Bitcoin ETF Investments for its Global Allocation Fund
In a recent update to its filing with the Securities and Exchange Commission, BlackRock, the U.S.-based asset management giant, has revealed plans to purchase spot bitcoin exchange-traded funds (ETFs) for…