Global #Blackrock

BlackRock is rapidly advancing towards becoming the leading Bitcoin fund manager globally, moving from initial skepticism about cryptocurrencies to setting ambitious targets within the crypto industry.

Vanguard, a major asset management firm, has appointed Salim Ramji, a former executive at BlackRock known for his Bitcoin-friendly stance, as its new CEO.

Bitwise emerges as the sole Bitcoin ETF to attract recent inflows, standing apart from other funds that either saw stagnant investments or faced withdrawals.

Through a collaboration with Arca Labs, Anchorage Digital is now custodial shares of a tokenized Treasury fund, with the goal of promoting institutional participation in the market.

According to reports, BlackRock wants to significantly restructure the board of directors for IBIT, its flagship Bitcoin ETF.

Hedera's (HBAR) price has risen sharply in the short run, with triple-digit gains recorded in the last day due to rumors of ties to BlackRock, the largest investment firm in the world (NYSE: BLK).

The only spot Bitcoin fund in the US to have inflows on the first day of the week is BlackRock's Bitcoin exchange-traded fund (ETF); other ETFs have reported either withdrawals or zero inflows.

Following BlackRock's spot Bitcoin ETF IBIT reaching over $17 billion in Bitcoin assets, CEO Larry Fink unexpectedly expresses optimism about Bitcoin's prospects.

Leading global asset manager BlackRock has shown tremendous success with its newly introduced tokenized money-market fund, BUIDL.