Tue, June 25

Bitcoin ETF Market Heats Up As WisdomTree Takes Bold Step

WisdomTree Investments, a renowned asset management firm, has submitted an application to the Securities and Exchange Commission (SEC) for a Bitcoin exchange-traded fund (ETF). This strategic move aligns with the growing market interest in Bitcoin ETFs, fueled partly by industry heavyweight BlackRock’s recent filing. The $87 billion asset manager, WisdomTree,

June 21, 2023 2 mins read

Bitcoin ETF Plan from BlackRock Drives Crypto Market Rally

In a significant development for the cryptocurrency market, major digital currencies closed the week with notable gains, driven by the news of “BlackRock’s plans to launch a Bitcoin exchange-traded fund (ETF).” The announcement by BlackRock, one of the world’s largest asset management firms, has captured the attention of investors and

June 17, 2023 2 mins read

BlackRock Eyes Bitcoin Spot ETF, Files SEC Application

In an audacious stride, BlackRock, the titan of global asset management, is on course to initiate a Bitcoin spot ETF. On Thursday, the firm formally lodged an application with the US SEC. This move follows rumors sparked by a CoinDesk report suggesting an imminent filing. Teaming up with Coinbase, the

June 16, 2023 2 mins read

Galaxy Digital’s Mike Novogratz Backs Blackrock’s Spot Bitcoin ETF

After a rough couple of weeks, the cryptocurrency market is starting to trend upward again. After the interest rate decision by the U.S. Federal Reserve, the price of Bitcoin dropped below $25,000. The statements made by Fed Chair Jerome Powell prompted the sell-off, even though a halt to rate rises

June 16, 2023 2 mins read

BlackRock Paris Office Under Attack

BlackRock, the global investment firm’s France office, was invaded by the French protestors. Recent internal conflicts in France are intensifying in Paris. This is because dissatisfaction with the government’s new decision among the workers is leading to new riots even after 11 days.  The #French have infiltrated #BlackRock’s corporate office

April 7, 2023 2 mins read

BlackRock CEO Backs Tokenizing Assets Like Stocks and Bonds

Larry Fink, CEO of the biggest asset management firm in the world, BlackRock, thinks tokenizing asset classes like stocks and bonds might enhance efficiency in capital markets and increase investor access. BlackRock is looking into the digital asset sector, and the CEO said in his most recent annual letter to

March 18, 2023 1 min read

Investment Management Firm BlackRock Announces Mass Layoff

BlackRock, which manages $10 trillion in assets, is dismissing up to 500 people in a first wave of layoffs since 2019. Even with the layoffs, the company’s worldwide staff of around 18,000 individuals is still very modest. CEO of BlackRock, Larry Fink, wrote a note to workers today announcing the

January 12, 2023 1 min read

SEC Hits Former BlackRock Portfolio Manager by Charging $250M

The U.S. Securities and Exchange Commission (SEC) charged investment giant BlackRock’s former Portfolio Manager Randy Robertson on Thursday for failing to declare a conflict of interest. Robertson has committed to paying a $250,000 fine to settle charges. Also, he accepted a cease-and-desist order without acknowledging or refuting the SEC’s findings.

January 6, 2023 1 min read

BlackRock Warns of Recession Triggering Economic Catastrophes

The investment and asset management firm BlackRock has released its forecast for the financial markets in the next year. The firm, which is believed to handle $8 trillion in assets, predicts a downturn due to central banks’ anti-inflationary measures. But its 2023 Global Outlook research claims that this recession would

December 18, 2022 2 mins read

BlackRock CEO Larry Fink Backs Tokenization of Securities

Tokenization of assets is “the next generation for markets,” BlackRock CEO Larry Fink has remarked. Tokenization is a term used in the blockchain industry to describe the process of creating a digital token on the blockchain that represents an asset and verifies its ownership and transaction history. With this method,

December 1, 2022 2 mins read