Tagged: larry fink

October 16, 2023 @ 4:59 pm By JD Alois  |  

BlackRock has denied reports that its Bitcoin ETF has gained approval. Expectations that the Securities and Exchange Commission (SEC) will grudgingly approve an exchange-traded product for a spot Bitcoin fund have helped to drive prices higher of BTC in recent days. Initial reports of an… Read More

June 21, 2023 @ 12:36 pm By JD Alois  |  

Bitcoin (BTC) has regained a certain amount of luster in recent days.  In the past 24 hours, Bitcoin has risen from over $27,000 to now topping $30K. Much of this crypto exuberance is due to the announcement that BlackRock had filed to launch a Bitcoin… Read More

August 13, 2022 @ 10:53 am By Omar Faridi  |  

BlackRock (NYSE: BLK) has introduced a private trust providing institutional customers in the US with direct exposure to Bitcoin (BTC). The world’s largest asset manager confirmed the release of the new product in a blog post, however, the firm has not yet provided extensive details…. Read More

March 24, 2022 @ 4:45 pm By JD Alois  |  

In his annual letter to shareholders, Blackstone CEO Larry Fink commented on a broad range of issues including the “end of globalization” and the power of capital markets. The end of globalization is largely due to the unprovoked invasion by Russia and war in Ukraine… Read More