By LIVE Bank of America Profit Soars 23%, Continuing Sector's Strong Start to Earnings Season Last Updated: 1 day ago BlackRock's Funds Pull In $205 Billion, Exceeding Wall Street Forecasts Rebecca Ungarino BlackRock's funds attracted $205 billion of net flows in the third quarter, the firm said Tuesday, topping analysts' forecasts for $171.9 billion. A record quarter of exchange-traded fund flows led that surge, the company said in a statement, along with private markets and cash net inflows. Long-term flo ...

Core Insights - U.S. spot Bitcoin and Ethereum ETFs experienced a significant net outflow of $755 million on October 13, following a major liquidation event in the crypto market that resulted in a loss of over $500 billion [1][2][7] Bitcoin ETFs - Bitcoin spot ETFs recorded total outflows of $326.52 million, with BlackRock's iShares Bitcoin Trust (IBIT) being the only ETF to see inflows of $60.36 million, bringing its total net assets to $93.11 billion [2][4] - Grayscale's Bitcoin Trust (GBTC) faced the largest outflow at $145.39 million, accumulating a total net outflow of $24.35 billion [5] - The total net asset value of Bitcoin spot ETFs was $157.18 billion, accounting for 6.81% of Bitcoin's market capitalization, with trading volumes reaching $6.63 billion [6] Ethereum ETFs - Ethereum spot ETFs experienced net withdrawals of $428.52 million, with BlackRock's Ethereum ETF (ETHA) leading the outflows at $310.13 million [2][6] - The total net asset value of Ethereum spot ETFs fell to $28.75 billion, representing 5.56% of Ethereum's market capitalization, with cumulative inflows decreasing from $15.08 billion to $14.48 billion [7] - Ethereum prices dropped by 3.39% to $4,030 amid the market downturn [8] Market Context - The broader market decline was influenced by renewed U.S.–China trade tensions, particularly after U.S. President Donald Trump announced plans for a 100% tariff on Chinese imports, prompting fears of a prolonged trade war [7][8] - Despite the recent volatility, crypto investment products had attracted $3.17 billion in inflows in the previous week, indicating some resilience in investor interest [8]

(Bloomberg) — BlackRock Inc. (BLK) pulled in $205 billion of client money in the third quarter as the world’s largest fund manager expanded its footprint in private credit and alternative assets. Investors added $153 billion on a net basis to stock, bond and other exchange-traded funds — which topped $5 trillion for the first time — reflecting the massive growth of the products this year, New York-based BlackRock said in a statement Tuesday. Most Read from Bloomberg Net flows to long-term investment fun ...

LIVE Bank of America Profit Soars 23%, Continuing Sector's Strong Start to Earnings Season Last Updated: 1 day ago By Rebecca Ungarino BlackRock reported earnings on Tuesday. (Justin Sullivan/Getty Images)) BlackRock's adjusted net income rose 11% from a year ago to $1.9 billion, the asset manager said Tuesday. That amounted to earnings per share of $11.55 for the third quarter, ahead of forecasts for $11.30. Shares of BlackRock rose 0.4% in premarket trading. Topics Memberships Subscribe to Barron's BlackR ...

The investment manager's revenue rose 25% in the third quarter. ...

BlackRock on Tuesday reported a higher third-quarter profit as a rally in global markets lifted fee income and pushed its assets under management to a record $13.46 trillion. ...

BlackRock pulled in $205 billion of client money in the third quarter as the world’s largest fund manager expanded its footprint in private credit and alternative assets https://t.co/yj7Tb9rEA4 ...

Compared to the 6 million years it took for our ape-like ancestors to become modern-day humans, financial markets are evolving at lightning speed. Pretty soon, it won’t just be crypto that’s trading on the blockchain, but all assets and products — stocks, bonds, ETFs, mutual funds, alternatives and more — that will be tokenized, making transactions quicker, cheaper and more transparent. “By the time all assets are tokenized becomes a reality, [it will] probably be 10, 15, 20 years from now,” David Abner, ...

The Goldman Sachs Nasdaq-100 Premium Income ETF (GPIQ) is having a good year, with inflows rising and its stock jumping to a record high. It peaked at $52.80 on Friday, up sharply from the all-time low of $31.54. This article explores whether the 10% yielding GPIQ ETF is a good buy. What is the GPIQ ETF and how does it work? Copy link to section GPIQ ETF is Goldman Sachs' answer to the JPMorgan Nasdaq 100 Premium Equity ETF (JEPQ), the $30 billion fund. It is a fund that aims to provide investors an exposur ...

U.S. spot bitcoin exchange-traded funds (ETFs) recorded their largest combined daily outflow since Sept. 26 on Monday, with $326.4 million exiting the market, according to Farside data. However, BlackRock’s iShares Bitcoin Trust (IBIT), the largest spot bitcoin ETF by assets on the market, bucked the broader trend by continuing to see inflows. Over the past two trading sessions, IBIT has recorded $134 million in new inflows, even as bitcoin’s price fell from $122,000 to $107,000. The fund has now logged ...