BlackRock strategist Ben Powell highlights a $2.1 trillion surge in Gulf Cooperation Council (GCC) spending focused on domestic investments over the next several years. This shift means Gulf sovereign wealth funds are increasingly investing within the region rather than in global equities, U.S. Treasuries, or international real estate. The trend is driven by the Gulf's need to diversify away from oil dependence amid global energy shifts and geopolitical risks like the Strait of Hormuz. Powell also notes growing overlap in investments across AI infrastructure, energy, and defense sectors, reflecting the strategic importance of self-reliance and security. This $2.1 trillion buildout could significantly alter global capital flows and investment priorities worldwide.
BlackRock CEO Larry Fink emphasized the critical role of building data centers for the U.S. economy, warning that resistance to their development could lead to higher inflation. He highlighted that about two-thirds of U.S. economic activity involves ...
Bitcoin has risen to around $83,000, supported by renewed institutional buying, particularly from BlackRock's iShares Bitcoin Trust, which saw its largest daily ETF inflow in over a year. This rebound follows weeks of volatility and coincides with a ...
BlackRock has filed for the iShares Bitcoin Managed Protect ETF (PBIT), a Bitcoin fund designed to limit losses by cushioning downside risk while capping potential gains. This buffer ETF uses options to absorb a portion of losses over a set period, a...
Bitcoin has been consolidating tightly over the past 28 days, closing within one daily candle body—a rare pattern seen only five times before, each followed by a strong price move. Analyst SuperBitcoinBro expects this setup to trigger a significant b...
BlackRock Asset Management Canada Limited announced the cash distributions for October 2026 for various iShares ETFs listed on the TSX and Cboe Canada. Investors holding units as of October 27, 2026, will receive payments on October 30, 2026, with di...
