BlackRock News

BlackRock Adds Bitcoin ETF to Model Portfolios with 1-2% Allocation

BlackRock has added its Bitcoin ETF (IBIT) to model portfolios at a 1-2% allocation, potentially creating new demand among financial advisors.The firm cited Bitcoin's...

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 The outflow represents over 3,500 Bitcoin being withdrawn from the fund.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...

Latest news

Tech Giants Found AI Payment Protocol Group

The x402 Foundation launched on Thursday by the Linux Foundation to govern an AI payment protocol, backed by tech...

Elliptic Links $286M Drift Protocol Hack to North Korea

Elliptic attributes the $286 million exploit of Drift Protocol to actors linked to North Korea (DPRK), marking the 18th...

Coinbase Wins Trust Charter, Won’t Become A Bank

Coinbase received conditional approval from the U.S. Office of the Comptroller of the Currency to establish Coinbase National Trust...