BlackRock Won’t Chase Exotic Crypto ETFs Despite Market Expansion

BlackRock Won’t Chase Exotic Crypto ETFs Despite Market Expansion BlackRock will maintain a conservative approach to crypto exchange-traded fund offerings, avoiding exotic structures despite launching its second Ether product this week, according to the firm’s digital assets head Robert Mitchnick. The $14 trillion asset manager launched the iShares Staked Ethereum Trust (ETHB) on Thursday, which…

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BlackRock Private Credit Fund Limits Withdrawals, Sparking Crypto Contagion Fears

Stress in the $3.5 trillion private credit market could ripple into cryptocurrency and decentralized finance through both macroeconomic contagion and tokenized credit markets, experts warn. BlackRock’s $26 billion private credit fund has begun limiting withdrawals amid rising redemption requests, Reuters reported Friday. The move marks the latest sign of distress in the private credit sector,…

BlackRock Private Credit Fund Limits Withdrawals, Sparking Crypto Contagion Fears

BlackRock, Nasdaq, and SEC Continue Discussions on Bitcoin ETF Rule Changes

BlackRock, Nasdaq, and SEC Continue Discussions Source: Cointelegraph In the latest development, financial giants BlackRock and Nasdaq, alongside the United States Securities and Exchange Commission (SEC), had their second meeting in December to talk about their application for a Bitcoin exchange-traded fund (ETF).   As per an SEC memo, the three parties focused on the…

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