BlackRock (BLK)

According to Trump Media’s filing with the SEC, the ETF will directly hold both cryptocurrencies, allocating 75% of its assets to Bitcoin and 25% to Ether.

The cryptocurrency market opened the week with gains as digital asset investment products saw their ninth consecutive week of inflows. Fuelling the rally, BlackRock made headlines with a $239 million Bitcoin purchase over the weekend.

The company also aims to double its market capitalization to $280 billion, with private markets expected to play a central role in this expansion.

The world’s biggest asset manager knows a lot about the law of large numbers. BlackRock, opens new tab, with more than $11 trillion in assets under management.

In a bold projection, Bitcoin (CRYPTO: BTC) bull and Galaxy Digital CEO Mike Novogratz said Thursday that the apex cryptocurrency could grow tenfold to $1 million, eventually replacing gold as the top store of value asset.

The consortium will invest in U.S.-based AI data and energy facilities, with plans to deploy up to $100 billion to support the growth of artificial intelligence.

BlackRock Inc outlines plan to raise $400B in alternative assets by 2030 and increase total revenue from $20B to over $35B. Private markets to contribute 30% of revenue by 2030.

Fidelity leads Bitcoin ETF inflows with $173M on June 9, overtaking BlackRock’s IBIT for the first time in recent months.

AppLovin's S&P 500 exclusion just hit the stock hard. However, analysts at Morgan Stanley remain bullish, announcing a price target increase on the same day.

ETFs have pulled in nearly $2.5 trillion in assets since 2022, while mutual funds have lost over $2 trillion, per ETF.com.

Investors were glued to the lifting of the asset cap of Wells Fargo, an analyst’s report for Affirm, and a favorable government move in Texas for BlackRock.

The stock also witnessed a 236% increase in retail follower count on Thursday.

In April, BlackRock stated that its employee compensation and benefits expense increased by 7% in the first quarter following acquisitions.

Strategic partnership between CrowdStrike and Microsoft creates Rosetta Stone for cyber defenders, addresses gap in threat intelligence.

Based on Circle’s outstanding shares, the offer price values the company at $6.9 billion.

Major players bring real-world assets—Treasuries, equities, real estate - to Arbitrum, bridging TradFi with DeFi’s fast-lane.

With U.S. debt topping $36.2 trillion, major financial voices including Jamie Dimon, Ray Dalio and BlackRock raise alarms over a looming bond crisis.