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BlackRock

A collection of 3 posts

BlackRock Integrates Bitcoin ETF into $150 Billion Model Portfolio

BlackRock Integrates Bitcoin ETF into $150 Billion Model Portfolio

BlackRock, the asset management company with $11 trillion under its purview, has taken a significant step by incorporating its iShares Bitcoin Trust (IBIT) into its expansive $150 billion model portfolio business. This move introduces a 1% to 2% allocation of the Bitcoin exchange-traded fund (ETF) into its target allocation portfolios,

BlackRock Report Says Crypto Has Surpassed Growth of Mobile Phones and Internet

BlackRock Report Says Crypto Has Surpassed Growth of Mobile Phones and Internet

In a new report, BlackRock, the asset management company overseeing $10 trillion, has said that the growth trajectory of cryptocurrencies has exceeded that of both mobile phones and the internet. The report highlights that the crypto sector has now attracted 300 million users worldwide, a milestone reached in just 12

BlackRock's Bitcoin Video Sparks Controversy Saying 21 Million Fixed Supply May Be Changed

BlackRock's Bitcoin Video Sparks Controversy Saying 21 Million Fixed Supply May Be Changed

BlackRock's recent Bitcoin explainer video has thrown a wrench into the gears of the Bitcoin community. The investment giant, now a significant player in the Bitcoin landscape through its management of over 524,000 Bitcoins worth $53 billion via its ETF, has inadvertently stirred up a hornet'