Core Viewpoint - BlackRock is expanding its presence in the cryptocurrency ETF market by planning to launch the iShares Bitcoin Premium Income ETF, which aims to provide income from bitcoin exposure [1]. Group 1: Fund Structure and Strategy - The proposed fund will actively manage bitcoin exposure, either directly or through shares of BlackRock's existing iShares Bitcoin Trust (IBIT), and will generate income by selling call options on that exposure [2]. - This fund will utilize a "covered-call" strategy, which is common in stock-based income funds, allowing it to generate income by selling the right to purchase its underlying assets at a fixed price [2][3]. - The fund will distribute the premiums generated from the covered-call strategy to investors as income, trading potential upside for income [3]. Group 2: Market Position and Performance - BlackRock's entry into the market is notable due to its scale and the success of IBIT, which has over $69.7 billion in assets, making it the dominant spot bitcoin ETF [4]. - BlackRock's bitcoin funds have become the firm's top revenue source, indicating strong market demand and performance [4]. - Other covered-call ETFs, such as YBTC, BTCI, and BAGY, have shown high distribution rates, but they may dilute net asset value (NAV) due to higher yields offered [5]. Group 3: Performance Comparison - Bitcoin-focused income ETFs have underperformed BTC, with BTCI down approximately 31.3% and YBTC losing 45% over the last 12 months, compared to a 14% drawdown in bitcoin [6]. - BAGY, which launched in late April 2025, has also seen a decline of 25% since its debut [6].

Core Viewpoint - BlackRock has filed for its Bitcoin Premium Income ETF with the SEC, coinciding with significant outflows from crypto ETPs, indicating a challenging market environment for cryptocurrency investments [1][6]. Company Summary - BlackRock has submitted the S-1 registration statement for its Bitcoin Premium Income ETF, which is set to be listed on the Nasdaq [2][8]. - The ETF will primarily hold Bitcoin (BTC), shares of the iShares Bitcoin Trust ETF, and cash, aiming to track BTC prices while generating premium income through an actively managed strategy involving call options [3][5]. - The fund will allow in-kind creations and redemptions, with Coinbase acting as the custodian for Bitcoin holdings and the Bank of New York Mellon for cash holdings [3]. Industry Summary - The filing comes at a time when crypto ETPs have experienced their largest weekly outflows since November 2022, totaling $1.73 billion, with U.S. crypto ETPs accounting for $1.8 billion of this figure [6][8]. - Bitcoin and Ethereum ETPs led the outflows, with $1.09 billion and $630 million respectively, driven by factors such as reduced expectations for a Fed rate cut and negative price momentum [7].

Davos 2026 did put crypto back in the global spotlight. It may not have dominated the WEF agenda but it was a part of enough speeches and conversations to move markets and set narratives for 2026. What was the big takeaway? Politics is still navigating through short-term price action. But traditional finance, Wall Street and more are increasingly treating crypto and tokenization as inevitable. In an exclusive chat with 99Bitcoins, Dea Markova, Policy Director for Fireblocks, weighed in. “As geopolitical ...

Core Insights - A private credit fund associated with the world's largest asset manager is experiencing significant losses, with its net asset value set to be marked down by nearly 20% [1] Company Impact - The fund's valuation decline indicates potential challenges in the private credit market, which may affect investor confidence and future fundraising efforts [1] Market Reaction - The premarket trading response suggests that investors are reacting negatively to the news, reflecting broader concerns about asset management performance in the current economic climate [1]

本文源自：金融界AI电报 据香港交易所披露，贝莱德对ASMPT Ltd.的多头持仓比例于2026年1月20日从4.99%增至5.13%。 ...

据香港交易所披露，贝莱德（BlackRock）对中国银行股份有限公司 - H股的多头持仓比例于2026年1月 20日从6.03%降至5.93%。 ...

Group 1 - Ledger is preparing for an IPO in the U.S. with a target valuation exceeding $4 billion, reflecting growing institutional interest in digital asset security [1][3] - Founded in 2014, Ledger has become a leader in self-custody through its hardware wallet products, which provide robust protection against online threats [2] - The company has engaged Goldman Sachs, Jefferies, and Barclays as lead underwriters for the IPO, with a potential launch as early as 2026 [3] Group 2 - A $4 billion-plus IPO would represent a significant increase from its last valuation of $1.5 billion in 2023, indicating strong confidence in Ledger's growth [4] - The timing of the IPO aligns with a resurgence of cryptocurrency-related public listings, following a period of stagnation after Coinbase's 2021 IPO [5] - Ledger's focus on custody solutions is timely, as regulatory clarity and pro-innovation policies are encouraging institutional investments [6] Group 3 - Demand for trusted hardware solutions is expected to persist, especially with major players like BlackRock entering the digital asset space [7] - Despite challenges such as recent market pullbacks and macroeconomic tightening, Ledger's institutional focus may provide greater stability [7] - The IPO would signify the maturation of cryptocurrency infrastructure companies, transitioning them into publicly traded entities essential to the digital finance landscape [8]

Core Insights - BlackRock, Inc. (NYSE:BLK) has been recognized in the Dividend Contenders List, highlighting its strong dividend performance [1] - BofA has raised its price target for BlackRock to $1,467 from $1,431, maintaining a Buy rating, reflecting a positive outlook on the company's earnings driven by stronger management and performance fees [2] - BlackRock's fourth-quarter profit exceeded Wall Street estimates, supported by a market rally and increased assets under management, which reached a record $14 trillion [3] Financial Performance - In the fourth quarter, BlackRock reported equity product inflows of $126.05 billion and fixed-income product inflows of $83.77 billion, contributing to long-term net inflows of approximately $267.8 billion [4] - The firm achieved a record $698.3 billion in net inflows for the full year, with performance fees increasing by 67% to $754 million in the quarter, driven by strong results in private markets [4]

Core Viewpoint - The potential successor to the Federal Reserve Chair, Rick Rieder, has gained significant attention following President Trump's praise, with his nomination probability rising from 4% to approximately 50% [1][3]. Group 1: Nomination Context - President Trump expressed a strong impression of Rieder after a recent meeting, which has led to increased market expectations for his nomination [3]. - Current Federal Reserve Chair Jerome Powell's term is set to end in May this year, making Rieder one of the final candidates for the position [3]. Group 2: Candidate Profile - Rieder lacks traditional central banking experience but has been a key decision-maker at BlackRock for over a decade, currently serving as Senior Managing Director and Chief Investment Officer for Global Fixed Income [5]. - He manages a substantial asset portfolio of approximately $2.4 trillion, equivalent to about 16.7 trillion yuan [5]. Group 3: Policy Proposals - Rieder's emergence as a candidate is attributed to his reform ideas for the Federal Reserve, which align closely with the Trump administration's goals [5]. - He has publicly advocated for lowering the benchmark interest rate to around 3%, suggesting a reduction of at least 50 basis points from the current level, which he believes is closer to the neutral balance point [5].

RT National Conservative (@NatCon2022)Larry Fink, CEO of @BlackRock, says developed nations with "xenophobic" immigration policies are going to have a higher standard of living than ever before.Non-xenophobic countries are going to have social problems with their new 3rd world immigrants. https://t.co/XkDvBgFUsY ...