The Latest Breaking News from BlackRock

J.P. Morgan Chase and State Street Global Advisors—two of the largest asset managers in the world—withdrew on February 15 from Climate Action 100+, an asset manager initiative aimed at making companies reduce their carbon emissions through environmental, social, and corporate governance (ESG) investing. BlackRock, the largest asset manager in the…

Nvidia stock is creating wealth like never seen in the S&P 500. And some lucky investors are perfectly positioned to profit.

Bitcoin surges past ,000, with Wall Street institutions like BlackRock and Fidelity investing billions in bitcoin ETFs, driving price momentum.

Franklin, which manages roughly $1.5 trillion in assets, is the ninth company to file an application for a spot ETH ETF, according to industry analyst James Seyffart, indicating an increasing interest in Ethereum's potential.

BlackRock's Rick Rieder hinted that the world's largest asset manager may amass more Bitcoin in the future, depending on the public's attitudes toward the cryptocurrency.

Many institutional traders have shown no interest in trading cryptocurrencies, as per JPMorgan's annual e-Trading survey, with more traders uninterested this year compared to the 2023 numbers.

This impressive surge in inflows further cemented BlackRock's position as a trailblazer in the Bitcoin ETF sector.

BlackRock filed for its spot Ethereum ETF in November, called the iShares Ethereum Trust. The SEC made the delay one day before the Jan. 25 deadline, marking the initial delay within the SEC's 240-day review period.

ARKB, on its eighth day of trading, the fund experienced a notable inflow of $110.5 million, further solidifying its position as an attractive investment vehicle in the Bitcoin ETF landscape.