BlackRock’s bitcoin exchange-traded funds (ETFs) have become the firm’s most profitable product line, according to Cristiano Castro, director of business development at BlackRock Brazil. The figure is notable given that the firm manages over 1,400 ETFs globally and is the world’s largest asset manager with more than $13.4 trillion in assets under management. Speaking at […]
Rick Rieder, BlackRock’s chief investment officer of global fixed income, said earlier this week the current backdrop represents the “best investment environment ever,” citing unusually favorable dynamics in both equity and bond markets. Speaking on CNBC, Rieder described “extraordinary” technical conditions in equities, with trillions of dollars still parked in money market funds and robust […]
Harvard Management Company, which oversees the university’s $50 billion endowment, disclosed a $116 million position in BlackRock’s iShares Bitcoin Trust (IBIT) in its latest quarterly filing with the U.S. Securities and Exchange Commission (SEC). The stake, reported in a Form 13-F on Friday covering holdings as of June 30, 2025, represents one of the largest […]
BlackRock’s iShares Bitcoin Trust (IBIT) is now generating more revenue than one of the asset manager’s most iconic products, the iShares Core S&P 500 ETF (IVV), according to Bloomberg data. Despite having just $52 billion in AUM — a fraction of IVV’s $624 billion in total assets — IBIT’s higher fee structure has turned it […]
Global asset manager BlackRock’s BUIDL token, issued in partnership Securitize and backed by U.S. Treasuries, crossed the $1 billion milestone in assets on Thursday, Securitize said. Pushing the fund’s size above the threshold was a $200 million allocation this afternoon by crypto protocol Ethena, a Securitize spokesperson told CoinDesk. Ethereum blockchain data by Arkham Intelligence […]