BlackRock Registers iShares Ethereum Trust in Delaware
BlackRock has registered an Ethereum trust in Delaware, which may be an initial step toward establishing a spot Ether exchange-traded fund (ETF). BlackRock registered its Bitcoin trust before submitting an application to the United States Securities and Exchange Commission for a Bitcoin ETF in June. Registration of the entity occurred on November 9, per the […]
BlackRock Files First Ethereum Spot ETF
BlackRock files for ETH spot ETF registration in Delaware, setting a pace that may see the firm extend its application to the SEC soon. Global asset management behemoth BlackRock has filed a document hinting at a potential proposal for an Ethereum-based exchange-traded fund, indicating interest in growing the range of cryptocurrency funds it offers. The […]
SEC Fines BlackRock $2.5M for Incorrect Investment Disclosure
The U.S. Securities and Exchange Commission has fined BlackRock Advisors $2.5 million for failing to accurately describe investments in the entertainment industry that constituted a significant portion of a publicly traded fund it managed. According to a filing with the SEC, between 2015 and 2019, BlackRock Multi-Sector Income Trust (BIT) made substantial investments in a […]
BlackRock Move Makes Bitcoin (BTC) Reach $35,000 2023 High
Bitcoin reaches a new all-time peak in 2023 as BlackRock lists its iShares Bitcoin ETF on the DTCC platform, and U.S. court orders the SEC to review Grayscale’s application. Bitcoin (BTC), the largest cryptocurrency in the world, has given a massive 12% breakout, reaching a new peak of $35,000 in 2023. With this development, Bitcoin’s […]
BlackRock CEO Larry Fink: Bitcoin’s Value Equals Human Freedom
Larry Fink, CEO of the largest asset manager in the world, BlackRock, is bullish on the BTC price and the future of Bitcoin. During a conversation with value investor and Bitcoin enthusiast Mike Alfred, BlackRock CEO Larry Fink once again indirectly conveyed his bullish stance on Bitcoin. Larry Fink responded to a question about the […]