Bitcoin (BTC) had a prodigious 2023, with the price of the world’s numero uno cryptocurrency soaring 157%. Many expect the momentum to continue in 2024.Bitcoin kicked off this year on a solid note, with the price of the digital coin surpassing $45,000 on Jan 2 for the first time since April 2022, per CoinDesk data. What’s more, Bitcoin has more room to run as it is still over 30% below its record high of $68,990 reached in 2021.So, what’s behind Bitcoin’s remarkable surge? The price of the cryptocurrency is ...

The cryptocurrency market declined more than 60% in 2022 amid a broader exodus from risky assets, but it rebounded 110% in 2023 as investor sentiment improved, in part because of excitement about the possible launch of spot Bitcoin ETFs. That volatility hit Coinbase Global (COIN -9.80%) particularly hard in both directions. After tumbling 86% in 2022, the stock soared 391% in 2023.However, Wall Street sees the stock as significantly overbought. Coinbase carries an average analyst 12-month price target of $9 ...

In recent years, inflation has become a prominent topic in economic discussions, particularly with a noticeable rate increase following the pandemic. Despite a recent cooling off of inflation in the past months, investors remain concerned about the potential lasting impacts of elevated prices. These prevailing worries have prompted investors to actively seek out strategies and assets capable of providing a shield against high inflation, offering a sense of security.Given these apprehensions, specific stocks ...

智通财经APP获悉，据报道，贝莱德(BLK.US)和Valkyrie Investments都指定了经纪交易商，如果它们拟议中的现货比特币ETF获得美国监管机构的批准，这些经纪交易商将负责引导现金流入和流出。这是首只追踪原始加密货币的ETF竞争中的一个重要里程碑。 根据周五提交给美国证券交易委员会(SEC)的修订版招股书显示，贝莱德将简街资本(Jane Street Capital)和摩根大通证券(JPMorgan Securities)列为该公司拟议中的iShares比特币信托(iShares Bitcoin Trust)的所谓授权参与人。Valkyrie在另一份备案文件中表示，它也聘请了简街资本和Cantor Fitzgerald&Co.担任同样的角色，并可能会增加其他授权参与人。 作为ETF的授权参与人的券商负责处理基金中一篮子股票的创建和赎回，以及与基金管理人之间的现金转账。Bloomberg Intelligence高级ETF分析师Eric Balchunas表示，虽然ETF发行人通常不难获得授权参与者协议，但一些行业参与者担心，由于加密货币是一种较新的资产类别，比特币基金将面临更艰难的时期。 Th ...

NEW YORK--(BUSINESS WIRE)--BlackRock, Inc. (NYSE: BLK) today announced that it will report fourth quarter 2023 earnings prior to the opening of the New York Stock Exchange on Friday, January 12, 2024. Chairman and Chief Executive Officer, Laurence D. Fink, President, Robert S. Kapito, and Chief Financial Officer, Martin S. Small, will host a teleconference call for investors and analysts at 7:30 a.m. ET. BlackRock’s earnings release and supplemental materials will be available via the investor relations sec ...

TORONTO, Dec. 28, 2023 (GLOBE NEWSWIRE) -- BlackRock Asset Management Canada Limited ("BlackRock Canada"), an indirect, wholly-owned subsidiary of BlackRock, Inc. (NYSE:BLK), today announced the final December 2023 cash distributions for the iShares Premium Money Market ETF. Unitholders of record on December 29, 2023 will receive cash distributions payable on January 4, 2024. Details regarding the final "per unit" distribution amounts are as follows: Fund NameFundTicker Cash DistributionPer Unit ($) iShares ...

TORONTO, Dec. 28, 2023 (GLOBE NEWSWIRE) -- BlackRock Asset Management Canada Limited ("BlackRock Canada"), an indirect, wholly-owned subsidiary of BlackRock, Inc. (NYSE:BLK), today announced the final December cash distributions for the iShares ETFs listed on the TSX or Cboe Canada, with the exception of the iShares Premium Money Market ETF ("CMR"). Final cash distributions for CMR will be confirmed in a press release to be issued on or about December 28, 2023. Unitholders of record of a fund on December 29 ...

LeoPatrizi/iStock via Getty ImagesBusiness development companies have had a great 2023 with the VanEck BDC Income ETF (BIZD) up 25% year-to-date on a total return basis. The US economy continues to record healthy GDP figures and low unemployment, set within the wrapper of interest rates at highs of 5.25% to 5.50%. This has built a golden era for private credit. BlackRock TCP Capital (NASDAQ:TCPC) has faced more headwinds, with its common equity up 2.25% on a total return basis this year to reflect net a ...

NEW YORK--(BUSINESS WIRE)--BlackRock, Inc. (NYSE: BLK) today announced its plans to implement stock splits for the ETFs listed below. These splits will lower the share price and increase the number of outstanding shares. The total value of shares outstanding is not affected by the share split. Ticker Fund Name Inception Date NAV/Share (as of 12/20/23) Forward Split Ratio IGM iShares Expanded Tech Sector ETF 3/13/2001 $440.14 6 for 1 IGV iShares Expanded Tech-Sof ...

BlackRock, Inc. (NYSE:BLK) Goldman Sachs 2023 US Financial Services Conference December 5, 2023 2:20 PM ET Company Participants Martin Small - Chief Financial Officer Conference Call Participants Alexander Blostein - Goldman Sachs Alexander Blostein Good morning. My name is Cynthia and I will be your conference facilitator today. At this time, I would like to welcome everyone to the BlackRock Incorporated Third Quarter 2023 Earnings Teleconference. Our host for today's call will be Chairman and Chief Execut ...