BlackRock | ForkLog

ForkLog 18 25.09.2024

BlackRock Executive Describes Bitcoin as a Risk-Free Asset

The primary cryptocurrency is mistakenly classified as a risky asset, despite its frequent correlation with the stock market. This perspective was shared by Robert Mitchnick, head of BlackRock’s crypto division, in an interview with Bloomberg. This category typically includes investments that show consistent returns in favorable market conditions of economic growth. Generally, these are shares […]

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ForkLog 13 21.09.2024

SEC Grants Approval for Bitcoin ETF Options from BlackRock

The U.S. Securities and Exchange Commission (SEC) has approved the listing and trading of options on spot exchange-traded funds based on the leading cryptocurrency from BlackRock in an expedited manner. Bloomberg analyst Eric Balchunas speculated that options for products from other companies may soon be approved as well. Important note: This is just one stage […]

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ForkLog 34 19.09.2024

BlackRock Identifies Bitcoin as a Unique Hedge Against Global Risks

The world’s largest asset manager, BlackRock, has released a report describing the first cryptocurrency as a “unique diversifier.” The document emphasizes the historical price dynamics and the challenges of forecasting it. Experts believe that investors find it much harder to analyze cryptocurrencies compared to traditional assets. Bitcoin price dynamics since 2010 (total investment return over […]

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ForkLog 10 18.09.2024

Microsoft and BlackRock Form $100 Billion AI Investment Group

Microsoft, BlackRock, and others plan to raise up to $100 billion for investments in the development of data centers and energy infrastructure for AI. “The $100 billion investment potential will enhance America’s competitiveness in artificial intelligence while simultaneously meeting the growing need for energy infrastructure to support economic growth,” the statement said. BlackRock, Microsoft, investors […]

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ForkLog 25 18.08.2024

BlackRock’s Crypto Funds Surpass Grayscale’s ETFs in Asset Volume

BlackRock’s cryptocurrency exchange-traded funds have surpassed Grayscale’s products in total assets under management, according to Arkham Intelligence data. BLACKROCK ETF HOLDINGS OVERTAKE GRAYSCALE FOR THE FIRST TIME BlackRock’s ETFs IBIT and ETHA have just overtaken Grayscale’s ETFs GBTC, BTC Mini, ETHE and ETH Mini in on-chain holdings. Blackrock ETFs now have the largest collective holdings […]

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ForkLog 2 26.07.2024

BlackRock Questions Expansion of Approved Crypto ETFs

BlackRock is confident in the approval of crypto ETFs based on new altcoins in the near future. The obstacles are the SEC’s stance and the “immaturity” of alternatives. A SOL-ETF might not appear before March 2025, contingent on a positive outcome in the US presidential elections in November. Following the launch of spot ETH-ETFs, the […]

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ForkLog 7 23.07.2024

BlackRock’s Bitcoin ETF Inflows Reach $534 Million in a Day

On July 22, inflows into spot Bitcoin ETFs amounted to $533.57 million. Such high levels were last observed on June 4, according to SoSoValue. This positive trend continued for the thirteenth consecutive trading day. Inflows into BlackRock’s IBIT reached $527.7 million, the highest since March 13. Investors added $23.72 million to Fidelity’s FBTC, $13.65 million […]

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ForkLog 9 15.07.2024

BlackRock CEO Declares Bitcoin a Legitimate Financial Instrument

Bitcoin is a legitimate financial instrument suitable for investment during times of heightened fear, according to BlackRock CEO Larry Fink in an interview with CNBC. “I was a proud skeptic, but I studied [bitcoin], learned about it,” Fink stated, acknowledging past errors regarding the asset. He emphasized that the first cryptocurrency offers the opportunity to […]

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ForkLog 25 09.07.2024

BlackRock’s RWA Fund Assets Surpass $500 Million

The total assets under management of BlackRock’s tokenized fund, the USD Institutional Digital Liquidity (BUIDL), have exceeded $500 million.

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ForkLog 24 30.05.2024

Fidelity’s Spot Ethereum ETF Listed by DTCC

Fidelity’s spot Ethereum ETF has been listed by DTCC. BlackRock has submitted an updated S-1 form. Cathie Wood described the SEC’s approval of spot Ethereum funds as a political decision. The Depository Trust & Clearing Corporation (DTCC) has listed a spot price-based Ethereum exchange-traded fund by Fidelity Investments. The product, named Fidelity Ethereum FD Beneficial […]

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ForkLog 11 29.05.2024

BlackRock’s Spot Bitcoin ETF Surpasses Grayscale in AUM

BlackRock’s spot Bitcoin exchange-traded fund (ETF) has surpassed GBTC from Grayscale in assets under management (AUM). With a figure of $19.68 billion, the Wall Street giant’s instrument has become the largest in the segment. GBTC and IBIT metrics. Data: SoSoValue. By the end of trading on May 28, IBIT gained $103 million, while GBTC recorded […]

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ForkLog 18 02.05.2024

BlackRock Anticipates Renewed Interest in Bitcoin ETFs

The current lull in the spot Bitcoin ETF segment is likely to be followed by a new wave of a different type of investors, according to Robert Mitchnick, head of digital assets at BlackRock, in an interview with CoinDesk. In the coming months, financial institutions, including pension, endowment, and sovereign wealth funds, are expected to […]

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