Bitcoin experienced a sharp drop followed by a partial recovery in June, sparking debate about whether it has hit its cycle bottom. Rick Rieder, BlackRock's CIO of Global Fixed Income, expressed long-term optimism for Bitcoin's price, though BlackRock has not increased its exposure due to other attractive investments like technology and emerging market debt. BlackRock recently bought over $38 million in Bitcoin and Ethereum and launched a new Bitcoin income-focused ETF. Despite a mid-June price rise to around $65,600, Bitcoin remains 25% down year-to-date and below its earlier stable price ranges, indicating a continuing downtrend.
BlackRock will pay its next quarterly dividend of $5.73 per share on June 23, with the ex-dividend date on June 5. This dividend amount remains the same as the previous payout in March. The current dividend yield stands at 2.25%, and BlackRock has a ...
BlackRock Asset Management Canada announced changes to the indices tracked by five iShares ETFs, effective August 6, 2026. The updates are due to Research Affiliates ceasing to provide inputs to certain FTSE indices, prompting a switch to new indices...
On June 11, 2026, BlackRock purchased $38.89 million worth of Bitcoin and Ethereum through its iShares Bitcoin Trust and iShares Ethereum Trust, reversing recent outflows. This move suggests renewed institutional interest in crypto assets amid a mult...
