BlackRock’s expansion into the European cryptocurrency market has gained traction, with the UK’s Financial Conduct Authority (FCA) approving its Bitcoin exchange-traded product (ETP), IB1T. This development marks a notable shift in the accessibility of crypto investment vehicles across the continent,
Bitcoin price surged past $84,500 after a strong rebound, fueled by institutional purchases and Blackrock ETF inflows. Will BTC maintain momentum? Bitcoin
In a letter to shareholders, the chairman of the world’s largest asset manager warned about the soaring U.S. debt and the possible competition that bitcoin poses to the U.S. Dollar.
Larry Fink, CEO of BlackRock, has warned national debt could lead to Bitcoin becoming a preferred reserve currency over the dollar.
BlackRock (BLK) secured registration on the U.K.'s crypto register, enabling the world's largest asset manager to act as an arranger for its iShares Digital Assets AG business, which issues crypto-focused exchange-traded products.
The US dollar could lose its status as the world’s reserve currency to Bitcoin or other digital assets if the United States does not get its debt under control, according to BlackRock CEO Larry Fink.
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The asset management film BlackRock has reported owning Bitcoin ETF shares worth $47.4 million as of Jan. 31, 2025
BlackRock has launched its first bitcoin exchange-traded product in Europe, in a bid to tap growing demand for cryptocurrency exposure in new markets after attracting more than $50 billion into similar products in the United States.
BlackRock CEO warns US risks losing reserve currency status to Bitcoin amid mounting debt, deficits, and potential digital transformation.