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.
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...
The Rosen Law Firm is investigating claims that BlackRock, Inc. provided misleading business information to investors in its mutual funds. Investors who purchased these funds might be eligible for compensation through a class action lawsuit, which th...
Bitcoin surged above $68,000, sparking a 13% rally in crypto-linked stocks like Strategy, Bitmine Immersion Technologies, and Coinbase. The U.S. SEC's proposed "Regulation Crypto Assets" framework is seen as a key catalyst, despite the stalled Clarit...
Meta Platforms stock dropped 4% ahead of a major child safety trial accusing it of harming young users through manipulative features. The lawsuit, involving 29 states, claims Meta knowingly caused mental health issues and violated privacy laws, with ...
