The Latest Breaking News from BlackRock

Cathie Wood says BlackRock doesn’t have an edge when it comes to SEC approval for a spot Bitcoin ETF

Institutional interest in crypto was "thrown off" last year when FTX collapsed, "but I think we've seen the worst," says the CEO and founder of ARK Invest.

Fortune · Jul 6, 2023

Larry Fink says ‘crypto is digitizing gold’ and that BlackRock’s Bitcoin ETF could help make the sector ‘more democratized’

The world’s largest asset manager filed an application with the SEC for a spot Bitcoin ETF in June.

Fortune · Jul 5, 2023

Who decides what ESG is and how to make investments greener – new research

More than 30 US states have proposed or implemented legislation in recent years to stop the government and its pension funds from investing in environmental social and governance (ESG) funds. These products integrate ESG issues into their investment strategies, which mainly involve buying stocks but also bonds.

The Conversation · Jul 4, 2023

Fidelity refiles for a Bitcoin spot ETF, mimicking structure of BlackRock filing

The assets manager joins a line of other firms that have refiled or updated ETF applications after BlackRock waded into the fray.

Fortune · Jun 29, 2023

Bitcoin regains $30,000 despite Biden saying he wants to close the tax loophole

Biden previously tweeted that the loophole was costing the government $18 billion in lost tax revenue.

Fortune · Jun 29, 2023

$500 million shot in the arm for Waratah Battery Project

The Waratah Super Battery is due for completion in 2025.

Newcastle Herald · Jun 29, 2023

Coinbase shares are up 35% since the SEC sued the crypto exchange for allegedly selling unregistered securities

The stock’s rebound has mirrored Bitcoin’s recent gains.

Fortune · Jun 28, 2023

House Republican introduces bill opposing ESG in retirement funds

Economy and Society is Ballotpedia’s weekly review of the developments in corporate activism; corporate political engagement; and the Environmental, Social, and Corporate Governance (ESG) trends and events that characterize the growing intersection between business and politics.

Ballotpedia · Jun 27, 2023

BlackRock’s ETF application led to the biggest crypto inflows in a year. But how much Wall Street influence is too much?

Some fear that the entry of more traditional financial firms could sway Bitcoin—and crypto—from its original mission.

Fortune · Jun 27, 2023

How Big a Nest Egg Americans Think They’ll Need to Retire

Northwestern Mutual’s 2023 Planning & Progress Study shows how much money Americans believe they need to retire.

Kiplinger · Jun 27, 2023