BlackRock News

Wisconsin Pension Fund Doubles Down on Bitcoin, Now Holds $336M in BlackRock ETF

Wisconsin's Investment Board has increased its Bitcoin exposure to $335.9 million through BlackRock's IBIT fund. The board has consolidated its crypto holdings exclusively into IBIT,...

BlackRock Seeks Rule Change for In-Kind Transactions in Bitcoin ETF

BlackRock files for in-kind creation and redemption abilities for its Bitcoin ETF through Nasdaq. The amendment seeks to modify existing rules for the...

Securitize Updates BlackRock’s BUIDL Token Fund with Daily Interest Payouts and Faster Redemptions

Securitize updates BlackRock's BUIDL money market fund to allow intraday redemptions and daily interest payments. Different approaches exist for interest distribution in tokenized...

BlackRock’s Bitcoin ETF Hits Record-Breaking $52.3B in Assets During First Year

Spot Bitcoin ETFs have set historic records with BlackRock's IBIT accumulating over $52.3 billion in assets during its first year. Three additional bitcoin ETFs rank...

Trump’s Treasury Pick to Divest BlackRock Bitcoin ETF Holdings Worth $500K

Treasury Secretary nominee Scott Bessent prepares to restructure $521 million portfolio ahead of confirmation. BlackRock's Bitcoin ETF holding valued between $250,001-$500,000 faces uncertain divestment status. Federal...

BlackRock’s Bitcoin ETF Sees Record $332M Exodus Despite BTC Near $97K

BlackRock's IBIT Bitcoin ETF experienced record outflows of $332 million on Thursday. The outflow surpassed the previous record of $188 million from December 2023. IBIT continues...

BlackRock’s Bitcoin ETF Sees Record $330M Exit as New Year Trading Resumes

BlackRock's IBIT experienced its largest single-day outflow of $330.8 million on January 2, 2024. The outflow represents over 3,500 Bitcoin being withdrawn from the fund. Previous...

Bitcoin Plunges 10% as Fed’s Inflation Warning, BlackRock Jitters Rattle Markets

Bitcoin dropped approximately 10% to $90,000 level amid Federal Reserve's inflation warning. Ethereum and other top cryptocurrencies experienced steeper declines of 15-25%. Crypto market capitalization decreased...

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SEC Closes Investigation into NFT Marketplace OpenSea, No Enforcement Action Planned

SEC concludes its investigation into OpenSea without recommending enforcement action, marking a significant shift in regulatory approach. OpenSea CEO Devin...

US Senate Banking Committee Sets Hearing on Bitcoin Legislation as Price Nears $100,000

The Bitcoin Price has nearly doubled in 2024, reaching close to $100,000 per Bitcoin from under $50,000 at the...

North Korean Hacker Becomes 14th Largest Ethereum Holder with $1.34B Worth of ETH

A North Korean Hacking entity now controls 489,000 ETH ($1.34 billion), becoming the 14th largest Ethereum holder globally. The Hacker's...

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