BlackRock

The post BlackRock Ethereum ETF Goes Live for Trading! appeared first on Coinpedia Fintech News A day after the SEC’s approval of the S-1 submission for Spot Ethereum ETF, Blackrock’s iShares Ethereum Trust ETF has gone live for trading with the ETHA share now trading at $26.59 as of the opening bell. The BlackRock Ethereum ETF carries a 0.25% sponsor fee while offering a one-year waiver and a fee reduction of 0.12% on the first $2.5 billion in assets under…

BlackRock CEO Larry Fink, once a Bitcoin skeptic, now champions the cryptocurrency as "digital gold" and a legitimate financial instrument, reflecting a broader acceptance within traditional finance. BlackRock CEO’s Initial Skepticism Larry Fink, the CEO of BlackRock, has undergone a remarkable transformation in his views on Bitcoin, as evident in his latest interview with CNBC. In 2017, during the crypto bull run, Fink was highly critical of Bitcoin, describing it as an "index for money laundering." This sentiment was common…

BlackRock CEO Larry Fink has emerged as a vocal advocate for Bitcoin. On CNBC’s “Squawk on the Street,” Fink articulated why investors should consider Bitcoin a key portfolio component.  Fink’s endorsement is noteworthy given BlackRock’s stature, managing over $10 trillion in assets. Why Larry Fink Believes in Bitcoin’s Potential During his CNBC appearance, Fink emphasized Bitcoin’s unique attributes. He highlighted its role in providing financial autonomy, particularly in unstable economies. “I’m a major believer that there is a role for…

The post BlackRock CEO Praises BTC As An Asset Class, Calls It A Legitimate Financial Instrument appeared first on Coinpedia Fintech News BlackRock CEO, Larry Fink has showered praises on Bitcoin as an asset class highlighting its positives. In a recent interview with CNBC, Larry Fink restated his belief in the crypto market leader. He stated that ‘it is a legitimate financial instrument, that allows you to have non-correlated type of returns, an instrument that you invest in when you’re…

The post BlackRock Plans To Index Private Markets, Solana ETF Next Up? appeared first on Coinpedia Fintech News BlackRock is in the final stages of acquiring index firm Preqin and the CEO has announced the firm’s plan to index the private market after the acquisition. The plan is to bring the principles of indexing iShares to the private markets as it remains a significant part of public markets. BlackRock decided to pursue this indexing of the private market after discovering…

The post Investors Consider Bitcoin A Hedge Against Geopolitical Uncertainty: BlackRock appeared first on Coinpedia Fintech News Head of Thematic and Active ETFs at BlackRock Jay Jacobs said that Bitcoin, with only one-tenth of the size of the gold market, has high volatility and behaves differently than bonds and stocks. Many investors look at it as a potential hedge against geopolitical and monetary risks. Blakcrock’s promotion of Bitcoin and its IBIT ETF comes at a time when the inflows of…

In a recent filing with the US Securities and Exchange Commission (SEC), the BlackRock Global Allocation Fund disclosed its ownership of 43,000 shares of the asset manager’s Bitcoin ETF, iShares Bitcoin Trust, as of April 30.  This announcement follows two previous filings by BlackRock on May 28, which disclosed the fund’s exposure to Bitcoin in its Strategic Global Bond Fund and Strategic Income Opportunities Portfolio. BlackRock Bitcoin ETF Investment Plan The investment giant’s move towards Bitcoin integration became evident in…

Larry Fink highlighted the shift from traditional banking to capital markets for private-sector financing. Bitcoin is gaining traction as a safe haven, with institutional interest increasing due to its higher returns and low correlation with equities. BlackRock CEO Larry Fink addressed the Group of Seven (G7) leaders, emphasizing a significant transformation in the global financial space. He pointed to the growing importance of capital markets as the primary source of private-sector financing, indicating a pressing need for innovative strategies to…

BlackRock CEO Larry Fink recently addressed the Group of Seven (G7) leaders. He highlighted a significant shift in the global financial system. Fink emphasized the growing role of capital markets as the primary source of private-sector financing. This change signals a pressing need for new strategies to unlock financial potential. Larry Fink: The “Growth Dilemma” In a keynote address, Fink highlighted a pressing “growth dilemma” impacting emerging economies and established economic powers. “The International Monetary Fund and the World Bank…