Two funds under BlackRock purchased IBIT stocks in the first quarter of this year
PANews reported on May 29th, according to The Block, that based on the documents submitted to the U.S. Securities and Exchange Commission (SEC), two funds managed by BlackRock purchased Bitcoin spot ETFs (IBIT) from the company in the first quarter of this year. Among them, BlackRock's Strategic Income Opportunities Fund bought nearly $3.6 million worth of IBIT shares, while BlackRock's Global Bond Fund bought $486,000 worth of IBIT shares. Meanwhile, since its launch in January this year, inflows into BlackRock's IBIT have surpassed those of similar products.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Nvidia acts as a "matchmaker": Anthropic and "AI Cloud" Lamda reach a $35 billion "computing power agreement"
Anthropic has signed two major computing power deals this year, totaling $80 billion. NVIDIA has evolved from being merely a chip supplier to a promoter of the "financialization of computing power infrastructure" in the ecosystem. By holding data center leases, NVIDIA provides credit endorsement and facilitates transactions for Anthropic, thereby extending its reach throughout the entire computing power supply chain. Emerging cloud providers are taking advantage of this to strongly challenge the market positions of giants like Amazon and Microsoft.
The US proposes a "debt relief plan" at the G20: Bessent and Walsh jointly call for "growth as the only way out of the predicament"
Against the backdrop of soaring global debt, the Iran war impacting energy markets, and rising trade tensions, U.S. Treasury Secretary Bessent and Federal Reserve Chair Walsh jointly introduced the "growth-driven debt resolution" narrative at the G20 finance ministers' meeting. Bessent stated clearly that "the only way out is growth" and called on G20 countries to implement deregulation policies. Walsh announced the end of the "era of secular stagnation," declaring that "growth is a choice."
Musk's tweet sends turbine blade leader tumbling! SpaceX (SPCX.US) announces in-house production of gas turbine blades, Howmet (HWM.US) suffers biggest drop in 16 months
Howmet Aerospace closed down 7.51% on Monday, with intraday losses reaching 9% and hitting a two-month low, marking its largest single-day drop since April 2025.
Crypto prices
More
