
BlackRock CEO Larry Fink is reportedly warning that President Trump’s new shift into nationalist-style economic policy may stoke a new wave of inflation. Speaking at the CERAWeek conference – and energy markets conference run by S&P Global – Fink says markets are currently discounting inflation, and that US industries will likely experience higher costs in […]
The post BlackRock CEO Issues Inflation Warning, Says President Trump’s ‘Nationalistic’ Policies To Trigger Higher Prices appeared first on The Daily Hodl.
The largest asset manager in the world says there is not enough Bitcoin (BTC) to meet the demand from American billionaires. In a new report titled “Why bitcoin? A perspective from model portfolio builders,” BlackRock analysts Michael Gates and Brett Wager details how Bitcoin is inelastic to demand, unlike gold. Unlike the yellow metal, the […]
The post BlackRock Issues Bitcoin Supply Shock Warning, Says There’s Not Enough Coins for US Millionaires appeared first on The Daily Hodl.
BlackRock, the world’s largest asset management firm, has reportedly incorporated its iShares spot Bitcoin (BTC) exchange-traded fund (IBIT) into some of its model portfolios. Bloomberg, citing a BlackRock investment outlook that its journalists had viewed, reports that the firm added a 1-2% allocation for IBIT in model portfolios that allow for alternative investments. Model portfolios […]
The post BlackRock Includes IBIT Bitcoin (BTC) Exchange-Traded Fund in Model Portfolio: Report appeared first on The Daily Hodl.
Financial services giant Goldman Sachs is reportedly holding nearly $2 billion worth of shares in Bitcoin (BTC) and Ethereum (ETH) exchange-traded funds (ETFs). According to a new filing with the U.S. Securities and Exchange Commission (SEC), Goldman Sachs currently holds $1.63 billion worth of Bitcoin ETFs and $196.3 million worth of Ethereum ETFs, the bulk […]
The post Goldman Sachs Holds $1,832,015,357 Worth of Bitcoin and Ethereum Exchange-Traded Funds: SEC Filing appeared first on The Daily Hodl.