17 articles tagged
Binance has approved BlackRock's $2.5 billion tokenized fund, BUIDL, as collateral, marking a major step in integrating traditional finance with the crypto market.
BlackRock, the world's largest asset manager, has moved over $1 billion in Bitcoin and Ethereum to Coinbase Prime in a series of large-scale transfers this week.
Circle has launched the public testnet for Arc, its new Layer 1 blockchain network, with support from over 100 firms including BlackRock and Visa, aiming to create predictable stablecoin transactions.
Analysis of Bitcoin ETF flows reveals BlackRock's dominant role, raising questions about whether upcoming altcoin ETFs can succeed without its participation.
Large, long-term Bitcoin holders are moving billions of dollars into spot ETFs, with BlackRock's IBIT fund facilitating over $3 billion of these transfers.
BlackRock is developing its own technology for asset tokenization as its digital offerings, including a successful Bitcoin ETF, surpass $100 billion.
U.S. spot bitcoin ETFs saw a major $326.4 million outflow, the largest since September, though BlackRock's IBIT fund continued to attract new capital.
Major Wall Street firms are trying to add private market assets to 401(k) plans, but face challenges from low investor awareness, higher fees, and employer caution.
BlackRock's Bitcoin ETF (IBIT) is now its most profitable fund by fee revenue, holding $97 billion in assets. S&P Global and Coinbase also expanded crypto offerings.
BlackRock's iShares Bitcoin Trust (IBIT) has become its most profitable fund, generating over $240 million in annual revenue as its assets approach $100 billion.
Shares of utility AES Corp. are trading above the valuation implied by a reported $38 billion takeover offer from Blackrock's Global Infrastructure Partners.
Recent SEC filings show major hedge funds like Brevan Howard and Millennium Management, along with Harvard's endowment, have invested heavily in BlackRock's Bitcoin ETF.
