BlackRock launches blockchain-based Exchange-traded fund (ETF)
BlackRock, the world’s largest asset manager has launched a blockchain-based exchange-traded fund (ETF) that allows investors to gain exposure to the crypto and blockchain industries. The Blockchain and Tech ETF (IBLC) was added to the iShares product line on Wednesday by the world’s largest asset manager , which presently manages around $10 trillion in assets. […]
Circle Partners With BlackRock For A $400 Million Funding Round
While already managing USDC cash reserves, BlackRock is now looking into the potential of USDC stablecoin in the financial markets, with its partnership with Circle. Circle, the primary operator of the UDC Coin (USDC) and a major peer-to-peer payments firm, has announced a $400 million funding round as well as a new partnership with the […]
BlackRock SEC filings show company earned $369K trading Bitcoin futures
BlackRock Financial Management has expanded the amount of its Bitcoin futures contracts since Q1 2021, according to a filing with the US Securities and Exchange Commission. As of July 31, the BlackRock Global Allocation Fund had 54 Bitcoin futures contracts issued by the Chicago Mercantile Exchange, according to a Sept. 28 filing with the Securities […]