BlackRock's crypto portfolio increased by $4.8 billion in July, rising from $49.15 billion to about $53.95 billion, mainly due to gains in its iShares Bitcoin Trust ETF and iShares Ethereum Trust. Bitcoin's price rose 8.65% despite BlackRock reducing its Bitcoin holdings slightly, while Ethereum's price surged over 21%, supported by BlackRock purchasing more Ethereum tokens. This shift suggests institutional investors may be favoring Ethereum over Bitcoin amid clearer crypto regulations, potentially signaling a broader market trend.
Rosen Law Firm is investigating claims that BlackRock, Inc. provided misleading business information to investors in its mutual funds. The firm is preparing a class action lawsuit to recover losses for affected investors, who may be eligible for comp...
Jones Lang LaSalle's CEO sold 2,000 shares worth over $773,000, yet major investors like BlackRock increased holdings significantly, showing confidence. BlackRock now owns over 10% of the company after a $1.45 billion stake purchase. Other firms also...
