Blackrock

The world's largest asset manager, BlackRock, raised eyebrows on Wednesday after including a line in an explainer video that supposedly disputed Bitcoin's (CRYPTO: BTC) finite supply thesis. What happened: The 3-minute-long video, shared by various X users, including MicroStrategy co-founder...

BlackRock is on a spending spree. In November, the asset management giant dropped $12 billion to buy private credit firm HPS Investment Partners. And that's just one deal this year. They also grabbed data firm Preqin for $3.2 billion and private-equity powerhouse Global Infrastructure Partners (GIP...

U.S. stock futures declined on Tuesday in premarket hours and the dollar rose to 106.357 level. The 10-year and two-year Treasury notes yielded 4.21% and 4.13%, respectively. Expectations of a further 25 basis point rate cut in December increased to 86.1% from 72.9% a week ago, according to CME...

The Benzinga Future of Digital Assets conference recently provided industry leaders with a platform to discuss Bitcoin's evolving role in investment portfolios. A panel moderated by angel investor Erik LaPaglia explored how Bitcoin is transitioning from a speculative asset to a mainstay in...

At the Benzinga Future of Digital Assets event, a panel featuring industry heavyweights explored two essential themes shaping the future of digital currencies: the impact of regulation and the ongoing challenge of educating investors. Moderated by Erik LaPaglia, the discussion brought together...

At the recent Benzinga Future of Digital Assets event, industry leaders tackled how stablecoins are reshaping finance, spurring adoption among institutional investors, and addressing operational hurdles in digital markets. The panel, moderated by BlackRock's Kyle Braden, featured Jennifer O'Rourke...

U.S. stocks could open on a sluggish note on Tuesday after ending in green on Monday as President-elect Donald Trump threatened to hit two of U.S.’s largest trading partners – Canada and Mexico – with tariffs. The Dollar Index strengthened and was hovering around the 107 level....

Robert Mitchnick, head of digital assets at BlackRock, told a panel at the Benzinga Future of Digital Assets conference on Nov. 19 that options volume on the iShares Bitcoin Trust ETF (NASDAQ:IBIT) breached the 1 billion mark on Tuesday.  "Things happen fast here," Mitchnick said.  The Details:...

Interest in blockchain technology from large institutions like BlackRock and PayPal continues to grow, setting the stage for what may be a transformative shift in finance. In a recent interview ahead of the Benzinga Future of Digital Assets event, Sandra Ro, CEO of the Global Blockchain Business...

On Nov. 6, BlackRock's iShares Bitcoin Trust (IBIT) achieved an unprecedented trading milestone, with volume spiking to $4.1 billion in a single day – its highest ever. This surge, following Donald Trump's reelection as President of the United States, signals a potent wave of institutional and...

Paul Giordano, vice president of digital assets at MARA, recently shared his perspective on the surge of institutional adoption of blockchain ahead of the upcoming Benzinga Future of Digital Assets event. He highlighted how major players like BlackRock and PayPal are leveraging blockchain...

Vanguard has surpassed BlackRock as the manager of the world’s second-largest ETF. What Happened: Vanguard’s S&P 500 ETF (NYSE:VOO) has edged past BlackRock’s iShares Core S&P 500 ETF (NYSE:IVV) in terms of assets. As of last Friday, VOO held $540.76 billion, slightly...

Investors should buckle up as BlackRock CEO Larry Fink tempers market expectations for Fed action in the year ahead. Fink recently stated that the Fed might only deliver a single 25 basis-point cut in 2024 – tempering market hopes for two rate reductions by year-end. Speaking at an economic panel,...

Major financial institutions, including BlackRock and PayPal, increasingly invest in blockchain technology. This growing interest shapes the cryptocurrency market in new ways, but it also raises questions about the future of crypto's core principles. Ian Horne, head of content for Money20/20's...

With the rising institutional interest in digital assets, Tanya Solati, vice president of business development at Propy, recently shared her perspective on why firms like BlackRock and PayPal are increasing their involvement in the blockchain space. Solati will speak at the upcoming Benzinga...