BlackRock Financial News

Investing.com-- Bitcoin prices rose on Thursday after the Federal Reserve struck a less hawkish tone than markets were expecting, with broader cryptocurrencies also advancing as the dollar weakened and traders bet on no more interest rate hikes. 

Fortescue’s shareholders should vote against the company’s remuneration arrangements because millions of dollars of bonuses have been paid to retiring executives with little benefit to the mining and energy giant’s investors, two influential proxy advisory firms have told their clients.

The Bitcoin (BTC) bulls have regained control to push the price of the world’s largest cryptocurrency by market capitalization back above $35,000, following a volatile trading session packed with important macro risk events, including the latest policy announcement from the US Federal Reserve.

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Some of the global financial industry’s largest market-makers might jump in to provide liquidity for BlackRock if the firm’s spot Bitcoin Exchange Traded Fund (ETF) application is approved by the US Securities and Exchange Commission (SEC), reported CoinDesk on Tuesday citing a personal familiar with the matter.

crypto rebel, is racing into the heart of the financial establishment with an exchange-traded fund that tracks its price. But will it strike gold? The world's biggest cryptocurrency has leapt 28% in October, with investors betting U.S. regulators will give the green light for a spot bitcoin ETF and thereby unleash a new wave of demand.

Investors have been eagerly anticipating regulatory approval for a spot Bitcoin ETF, which is expected to trigger a fresh wave of institutional demand in the leading cryptocurrency.

Asset management firm Vanguard has revealed that it will not be joining its competitors in pursuing a spot Bitcoin exchange-traded fund (ETF).

Despite tremendous pressure to approve a spot Bitcoin ETF for trading on public markets, Securities and Exchange Commission (SEC) chairman Gary Gensler refuses to discuss his agency’s next steps.

(Reuters) — The U.S. Securities and Exchange Commission has 8 to 10 filings of possible exchange-traded products for Bitcoin in front of it for consideration, SEC chair Gary Gensler said on Thursday.

Bitcoin has jumped on bets that the first US exchange-traded funds investing directly in the token are set to be approved. The question now is whether an actual green light for the products would spur some profit-taking.

Some of Qantas’ largest investors, including the Future Fund, are set to vote against the re-election of Todd Sampson to the airline’s board, raising the prospect that the advertising executive could be forced into an abrupt exit.

According to a Tuesday release from the U.S. Securities and Exchange Commission (SEC), BlackRock Advisors LLC has agreed to a $2.5 million penalty for failing to accurately describe investments in the entertainment industry.

The development answers an industry-wide appetite for frictionless transfer of collateral ownership without the hassle of moving assets using traditional means.JPMorgan's Tokenized Collateral Network (TCN) application utilises a blockchain network which sits between a collateral receiver and a collateral provider to enable the transfer of tokenized ownership interests. In the transfer between BlackRock andd Barclays Tokenization occurred within a matter of minutes through connectivity between the fund’s Transfer Agent and TCN.

When you’re the world’s largest asset manager, with close to $10 trillion AUM, you have to expect some highs and lows.

In the first three quarters of the year, bond funds have attracted £11.6bn inflows, while investors have redeemed £15.2bn from equity strategies over the same time period.

Regulatory disclosures show that JP Morgan Asset Management has held a 0.50% net short position against the stock since 12 September.

Bitcoin extended a rally fuelled by expectations of fresh demand from exchange-traded funds, reaching the highest price since May last year. The largest digital asset rose as much as 11.5% to top $35,000 before paring some of the gain to trade at $34,605 as of 8:11 a.m. (7:31 p.m. IST) in New York on Tuesday, taking its year-to-date rebound from 2022's digital-asset rout to 108%. The possible approval in coming weeks of the first US spot Bitcoin ETFs is stoking speculative ardor for the token. Asset managers BlackRock and Fidelity Investments are among those in the race to offer such products. Digital-asset bulls argue the ETFs would widen adoption of the cryptocurrency. A US federal appeals court on Monday also formalised a victory for Grayscale Investments LLC in its bid to create a spot Bitcoin ETF over objections from the US Securities and Exchange Commission.

(Reuters) -The U.S. Securities and Exchanges Commission on Tuesday said it had charged BlackRock (NYSE:BLK) Advisors LLC with «failing to accurately describe investments in the entertainment industry» for which it has agreed to pay a $2.5 million penalty.

Bitcoin extended a rally fueled by expectations of fresh demand from exchange-traded funds, reaching the highest price since May last year.

The Bitcoin (BTC) price is selling off as FUD (fear, uncertainty and doubt) spreads around the market that spot Bitcoin Exchange Traded Fund (ETF) approvals might not be as close as previously though.