The Latest Breaking News from BlackRock

Why U.S. banks still lag their European counterparts in green financing.

Blockchain technology enables the digitization or tokenization of conventional assets onto a publicly accessible ledger

While over a dozen financial firms started offering Bitcoin ETFs on Thursday, with BlackRock, Grayscale and Fidelity emerging on top – registering around $4.5 billion in cumulative trading volumes, the crypto investment vehicle is not available for purchase in one of the biggest fund issuers in the world, Vanguard.

Bitcoin ETFs from financial giants BlackRock, Fidelity, and Grayscale have collectively soared past the $1 billion threshold in trading volumes within the first 30 minutes of market opening.

SEC officials announced the approval of 11 Spot Bitcoin Exchange-Traded Funds (ETFs)

Bitcoin ETFs get greenlight from top federal regulator, after years of resistance. The fund will track the price of the cryptocurrency.

The agency was forced into action after a landmark court victory by the crypto firm Grayscale and the arrival of major players like BlackRock and Fidelity.

The fee war in the Bitcoin ETF is expected since the SEC is anticipated to approve multiple applications simultaneously and issuer will offer the best fee to get the market share.

BlackRock (BLK) witnessed a sharp drop in net inflows in its last reported quarter. Moreover, its AUM was down compared to the prior quarter. With the company gearing up to release its fourth-quarter results, is it the right time to load up on BLK? Keep reading.