BlackRock launches crypto ETF in Europe

    BlackRock launched the iShares Blockchain Technology UCITS ETF, as the world’s largest asset manager has been increasingly engaging in the crypto sector. The world’s largest asset manager BlackRock just made another step into the crypto sector, this time launching an ETF with exposure to blockchain and crypto companies for its European customers.  According to a…

    BlackRock joins forces with Kraken’s CF Benchmarks for Bitcoin price indexing

    BlackRock will use Kraken’s CF Benchmarks Bitcoin index pricing product for its first crypto offering. Previously, the world’s biggest asset manager launched its own Bitcoin private trust following announcing a partnership with Coinbase. As The Block reported, BlackRock’s Bitcoin product will be benchmarked using CF Benchmark’s indexes.  CF Benchmarks is a member of the Crypto…

    BlackRock launches a new Bitcoin trust, pushing institutional crypto adoption

    BlackRock announced Thursday the launch of a private trust that will hold Bitcoin and seek to track the asset’s performance, with Coinbase serving as the trust’s custodian. The news marks a giant leap forward in Bitcoin’s institutional adoption, which brought out a flurry of bold calls. This development comes one week after BlackRock announced a…

    Coinbase stock soars 18% after the deal to provide BlackRock clients access to crypto

    Coinbase’s stock soared over 18% following the crypto exchange signing a deal with BlackRock, the world’s biggest asset manager cumulatively manages about $20 trillion. Meantime, Meta announced that it integrated Coinbase’s crypto wallet into the Instagram platform. According to an announcement published Thursday, the US-based exchange had partnered with BlackRock to provide its clients with…

    World’s biggest asset manager BlackRock launches crypto-focused blockchain ETF

    Blackrock, the world’s largest asset manager, has launched a blockchain exchange-traded fund (ETF). The fund, trading on the NYSE Arca, gives investors exposure to “companies that are involved in the development, innovation, and utilization of blockchain and crypto technologies.” The launch comes after Fidelity listed its crypto and metaverse ETFs last week. According to a…

    Wall Street’s top executives are turning towards blockchain technology

    Last week, top executives at financial firms recapped a quarter on Wall Street in their post-earnings calls with investors. A widely-cited topic in those conferences was imminent blockchain plans from the industry’s biggest firms, including BlackRock, JPMorgan Chase, and Goldman Sachs. CEOs of the major financial institutions, including BlackRock, JPMorgan Chase, and Goldman Sachs, were…