BlackRock

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Wall Street Giants Want to Be Your Landlord – Data Shows Megabanks Are Buying up All the US Real Estate

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Homebuyers in the United States have found difficulties acquiring single-family homes after the year-long business shutdowns and lockdowns that followed Covid-19. It seems there’s a new wave of homebuyers in the U.S. real estate market, with buyers stemming from hedge funds, pension funds, clearinghouses, and financial services companies. The weight of real estate property under … Read more

Spain’s Largest Asset Managers Still Reluctant to Invest in Cryptocurrencies

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The biggest Spanish asset managers are still not convinced of cryptocurrencies as an asset class, and therefore have no plans to invest in the space yet. The declarations of several spokespeople linked to these companies state that, while there is a significant opportunity in the nascent cryptocurrency sector, it is still too young and volatile … Read more

World’s Largest Asset Manager Blackrock: Cryptocurrency Could Become a ‘Great Asset Class’

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The CEO of Blackrock, the world’s largest asset manager, says that he is fascinated by cryptocurrency, believing that it could become a “great asset class.” However, he said that Blackrock has not received many inquiries from its institutional clients about having bitcoin in their portfolios. Blackrock’s CEO ‘Fascinated’ About Crypto Following Coinbase’s IPO via a … Read more

SEC Filing Shows Blackrock Held Bitcoin Futures Contracts Worth $6.15 Million

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After signaling its intention to get exposed to bitcoin, Blackrock, the world’s largest asset manager, has now revealed its initial investments toward the crypto asset. According to the asset manager’s filing with the Securities and Exchange Commission (SEC) on March 31, Blackrock, through its Global Allocation Fund, held 37 bitcoin futures contracts worth $6.15 million. … Read more

JP Morgan Poll: 22% of Investors Say Their Institutions Likely to Trade or Invest in Cryptocurrencies

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A recent JP Morgan poll found that 22% of the respondents said their respective organizations were likely to trade or to invest in cryptocurrencies. This figure (22%) is double the percentage of respondents (11%) who said yes when asked if their respective organizations were already trading or were invested in cryptocurrencies. The Institutional Embrace of … Read more

World’s Largest Asset Manager Blackrock Enters Bitcoin Space — Discusses What’s Driving Up BTC Price

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The world’s largest asset manager with almost $9 trillion in assets under management, Blackrock, has started investing in bitcoin. Sharing his view on what’s driving up the price of the cryptocurrency, the firm’s chief investment officer says the technology and the regulation have evolved to where people find bitcoin should be part of their portfolios. … Read more