BlackRock
Search documents
X @Lookonchain
Lookonchain· 2026-02-10 11:36
BlackRock just deposited another 3,402 $BTC($234.3M) and 30,216 $ETH($60.83M) to Coinbase Prime.https://t.co/qmuDIrP9my https://t.co/2qediCkW7r ...
UPCOMING DEADLINE: Faruqi & Faruqi, LLP Investigates Claims on Behalf of Investors of BlackRock TCP
TMX Newsfile· 2026-02-09 22:06
Core Viewpoint - Faruqi & Faruqi, LLP is investigating potential claims against BlackRock TCP Capital Corp due to allegations of violations of federal securities laws, encouraging affected investors to discuss their legal options [2][4]. Group 1: Legal Investigation and Claims - The law firm is reminding investors of the April 6, 2026 deadline to seek the role of lead plaintiff in a federal securities class action against BlackRock TCP [2]. - The complaint alleges that BlackRock TCP and its executives made false or misleading statements regarding the valuation of investments and the quality of the portfolio, leading to understated unrealized losses and overstated net asset value (NAV) [4]. Group 2: Financial Performance and Market Reaction - On February 27, 2025, BlackRock TCP reported a significant weakening of its portfolio, with the number of portfolio companies on non-accrual status more than doubling, and debt investments on non-accrual status increasing by 289% from 3.7% to 14.4% of the portfolio [5]. - The company's NAV fell by 22.44% year over year to $9.23 per share, with total losses reaching $194.9 million, a 186% increase year over year, largely due to a $72.3 million net unrealized loss in the fourth quarter [5]. - Following the financial disclosures, BlackRock TCP's stock price dropped by $0.90, or 9.64%, to close at $8.44 per share on February 27, 2025 [5]. - On January 23, 2026, the company disclosed that its NAV per share was actually between $7.05 and $7.09, which was 19% lower than the previous quarter and 23.4% lower than the prior year [6]. - This announcement led to a further decline in stock price by $0.76, or 12.97%, closing at $5.10 per share on January 26, 2026 [6].
X @Token Terminal 📊
Token Terminal 📊· 2026-02-09 21:47
BlackRock, Fidelity, and J.P. Morgan are building tokenized money market funds on @ethereum. https://t.co/D2XBftcgcU ...
Bronstein, Gewirtz & Grossman LLC Urges BlackRock TCP Capital Corp. Investors to Act: Class Action Filed Alleging Investor Harm
Globenewswire· 2026-02-09 17:00
Core Viewpoint - A class action lawsuit has been filed against BlackRock TCP Capital Corp. and certain officers for alleged violations of federal securities laws during the Class Period from November 6, 2024, to January 23, 2026 [1][2]. Group 1: Lawsuit Details - The lawsuit seeks to recover damages for investors who purchased BlackRock securities during the specified Class Period [2]. - Allegations include that the defendants made false or misleading statements and failed to disclose critical information regarding the company's investments and portfolio restructuring efforts [3]. - Specific claims include that the company's investments were not valued appropriately, unrealized losses were understated, and the net asset value (NAV) was overstated [3]. Group 2: Next Steps for Investors - Investors wishing to join the lawsuit must request to be appointed as lead plaintiff by April 6, 2026, although participation in any recovery does not require serving as lead plaintiff [4]. - A copy of the complaint can be reviewed on the law firm's website [4]. Group 3: Legal Representation - Bronstein, Gewirtz & Grossman, LLC operates on a contingency fee basis, meaning they will only seek reimbursement for expenses and fees if successful [5]. - The firm has a strong track record, having recovered hundreds of millions of dollars for investors in similar cases [6].
CONL Collapses 31.8% as Bitcoin Selloff Accelerates
Yahoo Finance· 2026-02-09 15:18
Core Insights - GraniteShares 2x Long COIN Daily ETF (CONL) has experienced significant volatility, collapsing 31.8% in one week due to a selloff in Bitcoin, which affects crypto-linked equities [2][8] - The ETF's structure amplifies movements in Coinbase Global Inc. (COIN) by two times, leading to greater portfolio destruction for leveraged ETF holders during market turbulence [2][8] Institutional Flows Impact - Institutional money flow is crucial for CONL's performance, with a notable $272 million exiting U.S. spot Bitcoin ETFs on February 4, causing Bitcoin ETF assets to drop below $100 billion for the first time since April 2025 [3][8] - This outflow directly impacts Coinbase's revenue, which relies on active trading for transaction fees, and a reversal in flows is necessary for Coinbase's business recovery [3] ETF Flow Reports - Weekly ETF flow reports from major issuers like BlackRock and Fidelity are essential for tracking net inflows or outflows, with historical data suggesting that significant outflows often coincide with local price bottoms [4] - The collapse on February 5-6 saw a volume spike to 49,371 BTC, indicating market capitulation, and a stabilization or positive turn in flows could lead to a Bitcoin recovery, benefiting Coinbase and CONL [4] Daily Rebalancing Effects - CONL's daily rebalancing structure incurs hidden costs known as leverage decay, which erodes value over time, especially during sideways market conditions [5] - When COIN dropped 15.2% in one week, CONL fell 31.8%, demonstrating that losses are compounded rather than simply doubled due to the nature of daily resets [5] Long-term Performance - Since its inception on August 8, 2022, CONL has faced significant decay during sideways markets, declining 89% from its peak in October 2025 [6] - Timing is critical for traders betting on a crypto recovery, as daily rebalancing can exacerbate losses during downturns, creating hidden costs that diminish returns over time [6]
BlackRock Announces Completion of Certain Municipal CEF Reorganizations and Adoption of Discount Management Program
Businesswire· 2026-02-09 13:34
BlackRock Announces Completion of Certain Municipal CEF Reorganizations and Adoption of Discount Management ProgramFeb 9, 2026 8:34 AM Eastern Standard Time# BlackRock Announces Completion of Certain Municipal CEF Reorganizations and Adoption of Discount Management ProgramShare---NEW YORK- -([BUSINESS WIRE])--BlackRock Advisors, LLC announced today each of the closed-end funds named below (each, a "Fund†and collectively, the "Funds†) have completed their reorganizations or mergers, as applicable (each, a ...
X @CryptoJack
CryptoJack· 2026-02-09 13:01
BREAKING:BlackRock just sent 2,268 $BTC ($155.94M) and 45,324 $ETH ($91.77M) to Coinbase https://t.co/3w36llFa36 ...
X @BSCN
BSCN· 2026-02-09 11:56
🚨BREAKING: BLACKROCK SENDS $248 MILLION $BTC AND $ETH TO COINBASEBlackrock's massive transfers continue...@Blackrock has just sent andother $248 million worth of cryptocurrency to @Coinbase Prime, following major transfers last week.Specifically...2,268 $BTC [$155.94M]45,324 $ETH [$91.77M]Data from lookonchain ...
X @Lookonchain
Lookonchain· 2026-02-09 11:45
BlackRock just deposited another 2,268 $BTC($155.94M) and 45,324 $ETH($91.77M) to Coinbase Prime.https://t.co/qmuDIrPHc6 https://t.co/DU0gU5vjBi ...