BlackRock's cryptocurrency portfolio fell by $12.45 billion from June 1 to June 11, 2026, dropping from $64.53 billion to $52.08 billion, a 19.29% decline. The decrease was mainly due to reductions in Bitcoin and Ethereum holdings within its iShares Bitcoin Trust and iShares Ethereum Trust ETF. Bitcoin holdings dropped by 24,820 BTC, losing about $11.08 billion in value amid a 14% price fall, while Ethereum holdings decreased by 146,380 ETH, losing $1.38 billion as prices fell over 18%. The sell-off coincided with investors shifting focus to the SpaceX IPO, but BlackRock's crypto portfolio may rebound as the crypto market is expected to recover alongside a falling precious metals market.
Vinted, a consumer-to-consumer resale platform for items like clothing and furniture, has seen explosive growth driven by rising living costs and shifting consumer habits toward secondhand goods. Valued at over $9 billion after a recent €880 million ...
Investment firm BlackRock, Inc. has raised its total voting rights in Deutsche Lufthansa AG to 4.05% as of June 3, 2026. This includes 3.09% voting rights attached to shares and 0.97% through financial instruments. The increase reflects BlackRock's g...
Mitsubishi UFJ Financial Group (MUFG) has played a key role as Financial Advisor and Lead Arranger in securing approximately $3.6 billion in debt financing for the Delfin FLNG 1 project, the first and largest floating liquefied natural gas facility i...
