BLK

PatoMachete94

I’m 76% BTC, 13% MSTY and 11% BLK LP 2055 Fund (Company RRSP). I would love to move that 11% to a BTC ETF but SunLife doesn’t offers any BTC product, yet.

GNU_zum

$PEP Pepecoin, $OK okcash and $BLK blackcoin!

harvested

Most recent filing is here https://www.sec.gov/edgar/search/#/q=Bitcoin&dateRange=custom&ciks=0002012383&entityName=BlackRock%252C%2520Inc.%2520(BLK)%2520(CIK%25200002012383)&startdt=2025-01-01&enddt=2025-03-01 https://x.com/Julian__Fahrer/status/1887961424850571382

Mr_Eckert

Blackrock shareholders... BLK itself still only shows 6.15BTC on their own books

BurnerJerkzog

This is in reference to Strategy (MSTR, formerly MicroStrategy. From the article- “In a recent Schedule 13G filing, BlackRock (BLK) disclosed that it now owns 5% of Strategy (MSTR), equivalent to approximately 11.2 million shares. This marks a 0.91% increase from its previous 4.09% ownership as of September 30, 2024”according to Yahoo Finance.

michelvankessel

$BLK :)

BossToneDude

Understood, yet a solid line of responsibility does not directly translate to a viable technical solution. Nor does distributed responsibility prevent it. The big players (BLK, MSTR, SQ, COIN, etc.) have a vested interest in ensuring BTC change proposals are brought forward in an effort to continually improve security of the blockchain. Not to mention, there is an active development community continuously proposing and evaluating change proposals. NFA DYOR

dimika118

There's middle ground to be found here: I was pushing back against your claim that they are merely sitting on their clients money as BLK most certainly has an agenda with regards to where the money they are receiving will be invested. They are also certainly not controlling the world, but their involvement is not to be taken lightly due to a number of reasons, some of which I tried to explain in the comment above.

dimika118

Net zero is hardly 'just ESG' considering that we are talking about a complete remodeling of the way we are producing and consuming energy by 2050, something BLK is very big on. It's a slow and steady process they are working on and although they would say they are doing this because pursuing ESG goals will bring long term value to their clients (which is probably true), fact is, as the world's largest asset management company, they have a way to influence this outcome by channeling trillions towards this goal. Also worth noting here is that net zero isn't a goal countries are equally equipped to pursue. Developed countries will have a much easier job of implementing the infrastructure needed, will hold the technology etc, meaning that this will come at the expense of emerging and developing countries who would be much better off using traditional ways of producing energy. Guess you could call that an impact on a global trend. It is also hardly 'just creating a crypto ETF' since they are the third largest holder of BTC after 9 months of launching the ETF. This is also sending a strong message to the rest of the market and increasing overall belief in crypto as they have gained a reputation of making successful investments, to say the least. I guess that refusing to invest in certain jurisdictions due to political reasons doesn't need further explanation. It's an impact on global economy per se, as trillions are being used to support companies located in countries who are aligned with a certain political agenda. Add being an advisory to FED and a large number of central banks in the aftermath of the 2008 crisis to that list. They have a major role in the increasing presence of risk assessment in investment strategies worldwide. The fact that they are investing mostly in larger companies also brings stability to this economic ecosystem they are deciding to support with their clients' money, so there's that as well. Like I said, they are hardly impartial to the political nuances of this world, but I guess the impact here is largely indirect, rather than direct, considering that they are doing this in order to bring value to their clients.

lordsamadhi

You mean the shareholders of the ETF and the shareholders of BLK? That makes it literally millions of small holders who "own" that Bitcoin.

Brilliant_Group_6900

So this week’s pump is mostly due to BLK?

SmoothGoing

No I can't say they resold all of them. But 230 ETFs hold BLK and a whole bunch of them are ishares funds which are blackrock's products. https://www.etf.com/stock/BLK

hiorea

> BlackRock, $BLK, CEO Larry Fink: I believe bitcoin is a legit financial instrument Yea its not a hard guess after etfs

yahoofinance

In an [interview on CNBC on Monday](https://www.cnbc.com/video/2024/07/15/blackrock-ceo-larry-fink-i-believe-bitcoin-is-a-legit-financial-instrument.html), BlackRock ([BLK](https://finance.yahoo.com/quote/BLK)) CEO Larry Fink had strong words for the crypto market. "I was a proud skeptic," Fink added. "And I studied it, learned about it, and I came away saying, 'My opinion five years ago was wrong. Here's my opinion today: I believe in the opportunity today.' I believe bitcoin is legitimate." For some in the crypto community, these words from the CEO of the world's largest asset manager will be just that: words said by a powerful man in finance. They never needed Fink's, or anyone else's, validation. For others, these comments are another significant step in bringing bitcoin ([BTC-USD](https://finance.yahoo.com/quote/BTC-USD)) — and cryptocurrencies more broadly — into the same conversation as stocks, bonds, and the other accepted constituents of a balanced portfolio.

yahoofinance

In an [interview on CNBC on Monday](https://www.cnbc.com/video/2024/07/15/blackrock-ceo-larry-fink-i-believe-bitcoin-is-a-legit-financial-instrument.html), BlackRock ([BLK](https://finance.yahoo.com/quote/BLK)) CEO Larry Fink had strong words for the crypto market. "I was a proud skeptic," Fink added. "And I studied it, learned about it, and I came away saying, 'My opinion five years ago was wrong. Here's my opinion today: I believe in the opportunity today.' I believe bitcoin is legitimate." For some in the crypto community, these words from the CEO of the world's largest asset manager will be just that: words said by a powerful man in finance. They never needed Fink's, or anyone else's, validation. For others, these comments are another significant step in bringing bitcoin ([BTC-USD](https://finance.yahoo.com/quote/BTC-USD)) — and cryptocurrencies more broadly — into the same conversation as stocks, bonds, and the other accepted constituents of a balanced portfolio.

michelvankessel

BLD, BLC, BLK, etc…so many coins these days!

DefiantAbalone1

Free marker forces prevent this from happening, it's the same reason why an entity can't hoard most of the world's USD, gold or platinum supply; because that drives prices up, and when prices go up, you risk buying at a loss as people sell. That's why large institutions that invest in btc for themselves don't buy a lump sum because it would drive up their per unit cost, they buy it in rate limited purchases. BTW Blackrock doesn't own that much btc- the btc held by IBIT belongs to the IBIT shareholders, not BLK. BLK makes money off the management fees.

HumidMind

Yes, that is how a single asset ETP works. iSLV and iGLD as well. Underlying asset changes price, ETP buys or sells to mirror. I bought 10 shares of BLK Mar 5 as ex date for div...Bullish af long term in my IRA. (disclosure, i trade in out w/ FBTC as they self custody, as all our long term HODL should be.)

HumidMind

Converting Greyscale to a low fee BTC ETF. They lost their ass to BLK, Fidelity and ARK. Couldn't happen to a bigger better bag of dicks (Grayscale world)

HumidMind

It was a beautiful day to: Take final profits from journey up in FBTC from 34, roll profits to...Black rock shares dated Mar 5. BLK Ex Div date is Mar 6 for quarterly Div lock in.

TissueUnflawed

Does not make sense. There used to be three of these. The operators lost interest fairly quickly. The longest-lasting was kept up to date for 18 months > zip file Bad idea to have a 650GB zip file. The best of the old providers distributed the BLK files using bittorrent --- Node initialization speed is not determined by the download time for the 581GB of blocks. It is mainly determined by the time required to incrementally build the UTXO database, because the nature of this database makes the initialization very I/O bound Do you have enough money to pay the cost of hosting and traffic?

MeMyself159

Nothing. No one would join a BLK BTC fork as economic incentives do not align.

MeMyself159

ETF providers, such as BLK, have an interest in the value of the ETF going up because they are paid a fixed fee on the value of the fund. The higher the value of the fund, the greater the dollar value of the fee paid to the ETF provider. What interest does BLK have in BTC price going down?

Decent-Witness-7620

i got a few good airdrops METIS $93 and BLK $16 send me a dm i will send you a link

Objective_Digit

> You are either blind, lying or delusional. He provided 0 sources for his statements. Who in Blackrock said that statement? In which context did he/she say it? Anyone can say they hear rumours from BLK insiders, most of them are fake and not credible. Did you bother reading his replies to the tweet or are you visually impaired and/or a pathological liar? Waiting for Balchunas' source. Bitcoin did not have an ICO, was not pre-mined and does not have staking.

MakeLifeHardAgain

You are either blind, lying or delusional. He provided 0 sources for his statements. Who in Blackrock said that statement? In which context did he/she say it? Anyone can say they hear rumours from BLK insiders, most of them are fake and not credible. SEC does not like BTC ETFs neither, but they have to approve it because they already approved BTC futures ETF. There are no advantages to reject ETH ETFs and invite others to sue you. It will be a waste of money to fight in the court for a losing case. I don't think everyone will try to get ETF for their shitcoins. The key is the future ETFs. SEC shot themselves in the foot. If SEC learns a lesson and never approve another future ETFs, other coins have no legal ground to get a spot ETF.

pulandasu

Yes $2bn AUM was rumored but that doesnt have to come in on day 1. If I am BLK, I’d rather spread that across. Still you are not getting (or rather ignoring) my point about the comparison to canada is unjust as canada went from 0 to few hundred million. Whereas the US already had public market investment of $28bn plus $2bn from gbtc and bito

operator7777

Imagine what will happen when will not be possible to buy more BTC from the exchanges… only way to invest on BTC will be through the ETF’S… they will have the power to control absolutely everything. 🙂 that’s the goal of BLK.

Grunblau

Tiny little mouse fart of a buy for BLK…. I am sure the other firms also have interns fingers hovering over the buy button if things get crazy….

MeMyself159

Two things happen. BTC goes to 10M and BLK has zero control over the BTC network.

capturendestroy

"To review, BlackRock’s (BLK) iShares unit on Thursday filed an application with the U.S. Securities and Exchange Commission (SEC) for creation of the iShares Bitcoin Trust. The name and other details of the proposal sparked some confusion among industry experts as to whether BlackRock was applying for an ETF or a trust with properties similar to the Grayscale Bitcoin Trust (GBTC). The answer is both. “It’s a reminder of just how complex ETF terminology is,” Noelle Acheson, editor of Crypto is Macro Now, said. “Technically, BlackRock's proposal is for a trust, but it's a trust that allows redemptions, so it functions just like an ETF.” In this sense, Acheson noted, **the iShares product is nothing like GBTC, which has no redemption mechanism**. “The market hears ‘trust’ and thinks it will be like GBTC with no redemptions, but that's not the case here,” Acheson said." https://www.coindesk.com/business/2023/06/16/blackrocks-spot-bitcoin-etf-not-the-same-as-grayscales-product-experts-say/

Zigxy

God I hate this when it comes up. BlackRock doesn’t own 6% of MSTR… People who opened an account at BLK bought shares of MSTR. It’s like saying my wallet owns my checkings account just because it carries my debit card.

Economy_Cut8609

BLK is a beast of a stock..bought a few shares at $623 average cost..it just hit $819..they for sure aren’t stupid

michelvankessel

$PIVX $NAV $PPC $VAL $BLK and maybe some more…

operator7777

These is the biggest change you gonna get to buy cheap BTC before the ETF. These was a movement by BLK to control the whole market. The shark trying to kill the other shark. 🙃 Binance will survive and kraken as well.

igadjeed

> It wants to make a whole new file on HDD B You need to stop the node on A before copying to B, so that chainstate is in sync with blocks. You only need to copy the BLK0nnnn.dat files which have changed since the most recent sync ^⭐️ . You need to copy the entire of chainstate Blocks are appended to BLK files, At 128MB, a BLK file is closed and never changes Chainstate changes randomly all the time If you copy files while A node is running, then you have a chainstate which does not align with blocks. Core only has one way to fix chainstate out-of-sync with blocks - start from the beginning ⭐️ In blocks, you only need to replace the BLK file which is most recent on B, because it's incomplete, smaller than 128MB, and then copy all the higher numbered BLK files from A to B And replace all of chainstate and indexes

Fit_Gur_1143

Upon a closer look.... It is well documented BLK owns Microstrategy, Coinbase, along with 98% of the "free" world. Look closely at their proprietary Aladdin AI and you can start to get a picture...... While this would seem obvious to the naked eye, most of us are distracted by the illusion of so called competions. The .001% who control the globe also control the "opposition". Global Central banks have financed every side of every war and bailout for many generations. 99.99% of us do not understand how the world really works. Question everything with detached observation and we can actually start waking up. Or the "struggle" will remain real without ever knowing true freedom comes from seeing the illusion within the illusion... and so on. Many layers of social engineering and media culture(paid for by the .001%) have created and continue..... these false realities that keep humanity frozen in fear and polarized beliefs while the .001% control the narrative 100%. peace

Grunblau

Oh, yeah probably. I am surprised they don’t convert GBTC and the FUD about how the price didn’t change.. gives a couple months for BLK to continue accumulating.

igadjeed

> without an API You have to use an API. There is no guarantee that the blocks are stored in the BLK0nnnn.dat files in order. You could run without an API if you copy all the "where is this block?" logic built into Core, which also ignores fragments of REV data. But the Bitcoin RPC API has options to send you a hexadecimal representation of the block, which you can then convert to binary and process according to the block layout in the dev site I think that's what you're looking for. You really don't want to be concerned with out-of-order blocks and REV data fragments Use the *getblock* RPC with verbosity 0. For example, block 815506 bitcoin-cli getblock 0000000000000000000393fa0584c84f9d51af58901d0f0de96a31e21dae6098 0 If you just want the block header in hex bitcoin-cli getblockheader 0000000000000000000393fa0584c84f9d51af58901d0f0de96a31e21dae6098 false > difficulty Difficulty is irrelevant to Bitcoin processing. Difficulty is a made-up number derived from target. A block header hash is valid if it is smaller than target. The proof of work is that there have been enough guesses when a miner constructs a block which has a header which has a hash which is smaller than target. Target is adjusted smaller to make mining harder, and vice versa, in response to the actual block interval being faster or slower than 10 minutes > bits A Bitcoin-specific number representation which squeezes a 256-bit target hash into a 32-bit field. Antonopoulos describes the format https://github.com/bitcoinbook/bitcoinbook/blob/develop/ch10.asciidoc Search down to "Target Representation" *bits* is a 32-bit field. The first 8 bits contains an exponent (or a byte count). The other 24 bits are a coefficient or mantissa, for precision. This means that even though we're squeezing a 256 bit target into 32 bits, we have 24 bits of precision to play with, way more than necessary for each target adjustment. The coefficient provides precision and the exponent provides gross size. The exponent is a count of the number of bytes of the coefficient (3 bytes) plus all the trailing zeros Here's the block header for 815506 00c0c223a1e0de4f69777a80c73ece7ff5ef92763ca6fed19393000000000000000000004f6299f8eeeb4451e0185480a6378f33be42d6762e0468dd34e54800b65745f84a1a486594810417204ccadf *bits* begins at byte 73 94810417 Inconveniently, it's in reverse byte order (backwards). Reverse the bytes 17048194 The exponent is 0x17 and the coefficient is 0x048194. The 256-bit hexadecimal representation of the target is 048194 followed by 20 zero-bytes - total length 23 bytes (0x17) 0481940000000000000000000000000000000000000000 Mathematically 0x048194 * 0x100 ^ (0x17 - 3) Difficultly was arbitrarily defined as equal to 1 during the initial mining phase. Target adjustment is coded so that it can never be higher than the initial target *0x1d00ffff* To calculate difficulty difficulty = difficulty_1_target / current_target Calculate difficulty for 815506 0x00FFFF0000000000000000000000000000000000000000000000000000 / 0x0481940000000000000000000000000000000000000000 = 62463471666732.7234

pokeholo23

BlackRock has taken an important step forward by obtaining a CUSIP number for its iShares Bitcoin spot ETF. BlackRock Inc (NYSE: BLK), one of the world’s largest asset managers, recently made headlines by announcing its plans to provide initial “seed” funding for its spot Bitcoin Exchange Traded Fund (ETF). This strategic move was revealed in its recent securities filings, specifically through the SEC Form S-1, which is the initial registration form required for new securities by public companies based in the United States.

DuckmanDrake69

Blackrock is buying for it’s ETF…it’s buy and hold for a security…they’re going to charge their clients high fees for this. Self custodians of BTC and BLK will be the huge winners here. So enjoy it.

josleezy23

https://finance.yahoo.com/quote/BLK/ if Blackrock is so big and unstoppable, why can they be bought for 100 billion? They manage 9 trillion which is so different from being the largest company in the world. Apple is at 2.5 trillion.

MeMyself159

ETFs would be approved. It is only a matter of time. You have BLK as a player here and they never lose.

Fatbaldmuslim

The SEC's decision not to appeal likely paves the way for the agency to review Grayscale's application. A spokeswoman for Grayscale did not immediately provide comment. A spot bitcoin ETF would give investors exposure to the world's largest cryptocurrency by market capitalization without having to own it. The SEC has denied all spot bitcoin ETF applications, including Grayscale's, on the grounds applicants have not shown they can protect investors from market manipulation. The appeals court is expected to issue a mandate specifying how its decision should be executed, which will likely include instructing the SEC to revisit Grayscale's application. Several other asset managers, including BlackRock (BLK.N), Fidelity and Invesco, have similar filings pending with the SEC for a spot bitcoin ETF. The SEC is due to decide on those applications by next year at the latest. The SEC's press office did not immediately provide comment.

Jasonmun8

I didn’t say buy mining companies I said invest in them. BlackRock (NYSE: BLK) — one of the largest investment companies in the world — is positioning itself in the Bitcoin (BTC) mining industry. The investment giant is already the second-largest shareholder in four out of the five biggest Bitcoin miners by market capitalization

analogOnly

1,2,3,4,8 for me. This must have been before BLK blackcoin came out. It was also in the top 15. It was the first PoS coin

MeMyself159

You are aware who BLK are, aren't you?

MeMyself159

BLK has to be forced to reveal their addresses by the investors who plan to put their capital in the spot ETF.

MeMyself159

Of course, BLK does not own the capital, it invests it on behalf of its clients. The assumption here is that clients demand capital allocation to the BTC ETF in the magnitude described in this calculation.

kn0lle

„Several firms have this year filed spot bitcoin ETFs for listing on Nasdaq (NDAQ.O) or CBOE Global Markets , including BlackRock (BLK.N), the world's largest asset manager, Fidelity, WisdomTree (WT.N), VanEck, Bitwise and Invesco.“ All those firms filed for a Bitcoin ETF. That’s huge. I‘m pretty hyped for the next years.

operator7777

These is the strategy by BLK, before the ETF approve. First make people scary so they sell… they buy on cheap price… controlling the majority of the market capital. When the SEC will approve.. the price will go to mars, because offer and demand.

operator7777

I am 100% sure it will go down more, but that’s the strategy by BLK panic the market and make people sell, they need to buy asap as the cheapest price before the ETF. Please remember these post once the ETF is approved. 🙂

DanFran81

There needs to be a lot of regulatory pieces put in before the SEC approve anything. Let’s hope BLK flashing the cash will grease some wheels.

magic_hat555

>Financial institutions are becoming increasingly interested in crypto, fueling fresh speculation of a new bull-run. The recent spot bitcoin exchange-traded fund (ETF) filings (BTC-USD) by major fund managers, such as Fidelity (FNF) and BlackRock (BLK) have caused a paradigm shift in how digital assets are perceived by traditional finance incumbents. Added to this was BlackRock CEO Larry Fink's July interview with CNBC concerning the depreciation of the dollar, and how "an international crypto product can really transcend that". Yeah we need hopium like that and hopefully those big institution will bring big inflow of money to crypto.

SmoothGoing

Your post implied it's their money and now you think it's the investors' money. As in whoever owns BLK shares. Or at least you are terrible at communicating clearly. It's customers' money. They are not allocating shit unless customers buy the ETF. And everyone can buy the ETF on whatever broker they use. Robinhood and Ameritrade and Vanguard and whatever. So go ahead and expand your fantasy to random percentage of basically every dollar in any brokerage account.

coinfeeds-bot

tldr; Crypto Set To Outshine Global Currencies, BlackRock CEO Predicts - BlackRock (NYSE:BLK) BlackRock CEO Larry Fink believes that cryptocurrency will surpass international currencies due to its global demand. He referred to cryptocurrency as "digital gold" and emphasized Bitcoin's global allure. BlackRock is in the process of filing for the establishment of the U.S's first spot Bitcoin ETF. Traditional finance institutions, including BlackRock and Fidelity, have also expressed interest in entering the crypto market. Fink believes that cryptocurrency is a "global asset" with the potential to surpass any single current valuation. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.*

Reporterreserve

It's a moment of validation," says u/Grayscale CEO u/Sonnenshein on $BLK aiming to launch a $BTC spot ETF.

michelvankessel

I would like to revive Blackcoin $BLK…..interesting to hear what this subreddit thinks :)

Alpha3K

2008: Government lets BLK help 2020: Government asks BLK for help 2023: "SEC needs to approve"- yeah no man.

Alpha3K

BLK cares to create a Crypto ETF, not because they want to necessarily take direct advantage of Crypto price increases, but because they want to get more AUM under their umbrella. Crypto prices rising would just be a collateral effect.

rootpl

"Banking giant Deutsche Bank said Tuesday that it had applied for a digital asset custody license in Germany. Crypto exchange EDX Markets, which received funding from financial heavyweights including Charles Schwab (SCHW), Citadel Securities and Fidelity Digital Assets, started offering trading with BTC and ether (ETH) on the same day. Last week, investment management giant BlackRock (BLK) surprised markets by filing for a spot BTC exchange-traded fund (ETF)." They all want to stick their fingers in the crypto pie. RIP to anyone who sold during last couple of weeks due to fud.

Objective-Apricot-12

BLK has been in crypto for some time now and has been a promoter for some time. It’s not new but they are creating new funds for crypto specific investments. It definitely lends credibility to this type of asset when someone like BLK gets involved. Their top dog and founder, Larry Fink, has been interested in crypto all a long.

BrotherAmazing

Correct. This is Blackrock finally capitulating to Bitcoin and Bitcoin demonstrating its dominance over Blackrock, not a hostile action by Blackrock. Several people here don’t seem to understand that Assets Under Management (AUM) are *debts* on their balance sheet owed to clients under strict regulatory restrictions. Almost all of that $10T in AUM Blackrock (BLK) has don’t belong to them! The market cap of BLK is only a little over $100b. Bitcoin’s is 5x that during a “Bitcoin winter” when BLK’s stock is doing well and not in a “winter”. Furthermore, that is BLK’s market cap. They actually only have $5.5b in liquid reserves/cash on their balance sheet. Conspiracy theorists who are smart theorize about plausible conspiracies that sometimes turn out to be true. Conspiracy theorists who are just mentally deficient think Blackrock “owns the world” and is in “cahoots” with the SEC. *Not even close to being accurate or possible.*

MeMyself159

Bitcoin is a PoW project. Its decentralization does not depend on how many coins BLK or any other entity has. That is the beauty of PoW.

DrXaos

Blackrock doesn’t care about the direction of prices short term. They care about volume of assets. They want more NAV so they get more fees. They would prefer generally more money to flow into their managed assets. I don’t buy the conspiracy theories here. Follow the money. BLK makes money with more money in bitcoin with an ETF. Binance is going down, Coinbase is being sued. Blackrock smells an opportunity. Bitcoin can already be shorted in size on CME. A spot bitcoin ETF has to be arbed with physical more frequently than the CME futures, so it would be tied to the chain more directly than anything else. The amount of money potentially allocatable into an IBTC ETF is tremendous. Conventional asset allocators using even 1% is important.

basic_user321

>They have filed for a Bitcoin Fund and are probably buying the dip big time right now. They have alreqdy long been buying the dip [Aug 11 (Reuters) - BlackRock Inc (BLK.N), the world's biggest asset manager, has launched a spot bitcoin private trust for institutional clients in the United States, according to a blog post on its website.](https://www.reuters.com/technology/blackrock-launches-spot-bitcoin-private-trust-us-clients-2022-08-11/)

Perfect_Ability_1190

After a surprising twist in which the cryptocurrency community saw the world’s largest asset manager, BlackRock (NYSE: BLK), file for a spot Bitcoin (BTC) exchange-traded fund (ETF), the public has learned about its impressive record of ETF approvals. As it happens, BlackRock’s record of the United States Securities and Exchange Commission (SEC) approving its ETFs is 575-1, which Bloomberg’s senior ETF analyst Eric Balchunas says was “another reason this is so big, they don’t play around,” in a tweet published on June 16.

operator7777

Big movements are in process right now. BLK is buying BTC non stop… big change to reload.. these would not be for to long.

Grunblau

Post I just made in the daily: USD that was a $BLK share this morning, was converted into XLM in Robinhood and instantly transferred to Coinbase to sit on some limit orders incase we pull back more. Alternatively, I could have sent the USD to my bank, waited 3-5 business days. Meanwhile, give Plaid all of my usernames and passwords so Coinbase can know what stores I shop at. If my history is insufficient, I would have to wait 5-7 more days to wait for the funds to clear. 5 minutes vs 2 weeks.

Grunblau

Gotta love crypto. USD that was a $BLK share this morning, was converted into XLM in Robinhood and instantly transferred to Coinbase to sit on some limit orders incase we pull back more. Alternatively, I could have sent the USD to my bank, waited 3-5 business days. Meanwhile, give Plaid all of my usernames and passwords so Coinbase can know what stores I shop at. If my history is insufficient, I have to wait 5-7 more days to wait for the funds to clear. 5 minutes vs 2 weeks.

Grunblau

Have stop losses on my JPM and BLK. Anyone that holds BofA or WF deserve what’s coming…

NervousShop

10 trillion asset manager BlackRock $BLK to begin mass layoffs.

seagulpinyo

Paywall dodge: —— 'Why aren't you in jail already?' Internet erupts after Sam Bankman-Fried confirms participating in New York Times' DealBook -Barbara Kollmeyer “ “How did this dude steal billions of dollars and is now speaking at a summit as a free man? Make it make sense.” ” That was Twitter user @WSBChairman responding to a late Wednesday tweet by disgraced FTX founder Sam Bankman-Fried, who confirmed that he will participate in the New York Times’ DealBook Summit in November, where he will be interviewed by journalist Andrew Ross Sorkin. “Scam man. I lost everything because of you,” anotherTwitter user @Alexand56464660 replied to SBF. In a separate tweet, Sorkin said “nothing is off limits,” when it comes to interviewing SBF. “There are a lot of important questions to be asked and answered,” said the journalist. The furious responses triggered by tweets from both SBF and Sorkin — who also got suggestions on questions to ask — were just a taste of the boiling rage from the investment world that the former CEO who is accused of mismanaging billions of dollars would appear at the prestigious DealBook gathering of high level executives, business and cultural leaders. The 29-year old will be appearing alongside Larry Fink, chairman and CEO of BlackRock BLK, +0.33%, Reed Hastings, Netflix founder and CEO NFLX, -2.23%, Andy Jassy, Amazon.com’s AMZN, -0.59% president and CEO, Treasury Secretary Janet Yellen and Ukraine President Volodymyr Zelensky, to name a few. Galaxy Digital CEO Mike Novogratz is among those echoing that “why is he not in jail?” question, given his firm doesn’t expect to recover some $77 million in cash and digital assets it had in FTX when the whole enterprise fell apart. “I think his day will come,” he said Wednesday in an interview. SBF has been accused of treating FTX as a ‘personal fiefdom’, in addition to potentially sparking more fallout, with Binance CEO Changpeng Zhao saying telling Bloomberg on Thursday that he expects to see “a little bit of contagion.” Crypto trading firm Genesis has also been at the center of bankruptcy worries recently. But those hoping to come face to face with SBF may be out of luck as a spokesman for the New York Times told MarketWatch that he is expected to be “participating in the interview from the Bahamas.”

DanklyNight

I guess neither do you. Assets under management, are very different than assets. Assets under management we would include all user deposits at Binance. Assets we just count Binances cash, crypto, properties etc That is a very important definition. [https://finance.yahoo.com/quote/BLK/balance-sheet/](https://finance.yahoo.com/quote/BLK/balance-sheet/) Blackrocks balance sheet is public. How do you not understand the difference between assets and AUM?

DanklyNight

I don't know, you tell me? Assets under management, are very different than assets. Assets under management we would include all user deposits at Binance. Assets we just count Binances cash, crypto, properties etc That is a very important definition. [https://finance.yahoo.com/quote/BLK/balance-sheet/](https://finance.yahoo.com/quote/BLK/balance-sheet/) How do you not understand the difference between assets and AUM?

HelpMeSucceedPlz

BLK. It was a quarter a piece at one point. Then a dollar. So you YOLO a bunch of money into it at a quarter again just to see it locked away in a terrible wallet and you can't do anything with it because the wallet was so terrible. Not t like squidgame but still terrible. And you watch its price crash from thousands and stay crashed to a penny and practically worthless.

coinfeeds-bot

tldr; Alphabet invested $1.56 billion in blockchain companies between September 2021 and June 2022 with four rounds, taking the lead among publicly listed firms investing in the sector, according to research published by Blockdata. During the period, Blackrock (NYSE: BLK), with three rounds, invested $3.17 billion, followed by Morgan Stanley (2 rounds) and Samsung (13 rounds). *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.*

ipetgoat1984

Interesting to see how much is being pumped into the sector. "Alphabet (NASDAQ: GOOGL) invested $1.56 billion in blockchain companies between September 2021 and June 2022 with four rounds, taking the lead among publicly listed firms investing in the sector, research published by Blockdata on August 11 indicates. During the period, Blackrock (NYSE: BLK), with three rounds, invested $1.17 billion, followed by banking giant Morgan Stanley (NYSE: MS) at $1.1 billion with two rounds. Elsewhere, electronic giant Samsung leads in the number of funding rounds at 13 with $979 million, while Goldman Sachs (NYSE: GS) occupies the fifth spot at $698 million. "

Maleficent_Plankton

> The trust is available to U.S. institutional clients, the investment firm said on Thursday. BlackRock (ticker: BLK) didn’t disclose other details, including fees or minimum investment requirements. In other words, it's not available to normal investors

Prized-Man

It's partly because of Fidelity too, BLK gotta stay competitive!

lordinov

This means that BLK will let it’s clients accumulate BTC before they let it run up. I guess we all know that Blackrock, alongside Vanguard and State Street control and dictate the markets? So called manipulation in their favor, driven by algos and bots. After all they answer for 50% of corporate America. All the rest follows.

HelpMeSucceedPlz

BLK XLM ByteCoin Ravencoin Dentacoin lol many others.

DIBE25

I'd guess BlackRock (entity behind circle) would be able to provide some liquidity in case it was needed since they have have few hundred million in various currencies and around 10B in USD according [to this website I found :p](https://www.macrotrends.net/stocks/charts/BLK/blackrock/cash-on-hand) they can keep their pet project alive oh right circle, let's take a look at their [April report](https://www.centre.io/hubfs/PDF/2022%20Circle%20Examination%20Report%20April%202022.pdf?hsLang=en) uhh can't find their total value of the assets they back usdc with but I suppose circle would be able to keep it backed 100% *grabs popcorn*

Inevitable_Energy_94

Blackrock, the most liberal and woke company on earth, has skin in USDC, are you telling me the U.S gov is going to ban crypto?, if BLK is out of the game then that’s your first warning, you realize the amount of $ there is in crypto even at these levels?, there’s always two sides to a trade, capitalism and greed man, crypto isn’t going anywhere Fidelity is allocating to retirement plans, only the coins with utility will survive this or future value, although market manipulation is cause for concern esp. when you have rumors that institutions are praying on inexperienced developers/ retail investors in the space but that’s why its decentralized , it’s suppose to be volatile, it’s suppose to be unforgiving, and most importantly unmerciful, TUSD was clearly not battle tested enough, all jokes aside, or if it was, it clearly was a flawed plan.

Lagavulin

K, lets break this down: > “Goldman Sachs (GS) has offered its first bitcoin-backed loan in the latest sign that Wall Street is moving further into crypto. Bloomberg first reported on the news.” Bloomberg didn’t “report”….Goldman’s PR team reported TO Bloomberg. > “Goldman’s secured lending facility allowed a borrower to use bitcoin (BTC) as collateral for a cash loan.” Soooo…..like everyone else.…go on? > "We recently extended a secured lending facility where we lent fiat collateralized on BTC; BTC being owned by the borrower," a Goldman spokeswoman told CoinDesk in an email. "The interesting piece for us was the structure and the 24-7-365 day risk management." Think of this like listening to your child tell you about a science project. Just nod your head, smile, and pretend to be excited… > “Goldman, which has a dedicated digital assets team, traded its first over-the-counter bitcoin options to Galaxy Digital last month.” That’s sooo great,honey….I love your project! > “Goldman is following in the footsteps of other traditional finance giants moving further into crypto. Last month, Cowen launched a digital assets unit and BlackRock (BLK) participated in the $400 million funding round for USDC stablecoin creator Circle. Earlier Thursday, news broke that private equity investment behemoth Apollo Global Management had hired former JPMorgan (JPM) executive Christine Moy to serve as its first head of digital assets strategy.” > ooohhh my god honey! Your project is soo going to be the most amazing! Don’t get discouraged by what those other kids are doing. Just be proud of yourself!!! #AvoidtheCucks

xxbigtreexx

It’s been publicly traded for a long time. $BLK

Jxntb733

PAYWALL OVERRIDE COPY AND PASTE: BlackRock Inc's (BLK.N) chief executive, Larry Fink, said on Thursday that the Russia-Ukraine war could end up accelerating digital currencies as a tool to settle international transactions, as the conflict upends the globalization drive of the last three decades. In a letter to the shareholders of the world's largest asset manager, Fink said the war will push countries to reassess currency dependencies, and that BlackRock was studying digital currencies and stablecoins due to increased client interest. "A global digital payment system, thoughtfully designed, can enhance the settlement of international transactions while reducing the risk of money laundering and corruption", he said. That appeared to strike a different tone from May of last year, when Fink raised some concerns around volatility and said it was too early to determine whether cryptocurrencies were just a speculative trading tool. read more In the letter on Thursday, the chairman and CEO of the $10 trillion asset manager said the Russia-Ukraine crisis had put an end to the globalization forces at work over the past 30 years. Access to global capital markets was a "privilege, not a right," he said, adding BlackRock had suspended the purchase of any Russian securities in its active index portfolios following Moscow's invasion of Ukraine. "Over the past few weeks, I’ve spoken to countless stakeholders, including our clients and employees, who are all looking to understand what could be done to prevent capital from being deployed to Russia. We believe this is the definition of our fiduciary duty," Fink said. BlackRock Inc's total client exposure to Russia had declined to less than $1 billion earlier this month from $18 billion before Moscow's invasion of Ukraine led to Western sanctions and the closure of the Russian stock market, according to figures supplied by the asset manager this month. read more Russia calls its actions in Ukraine a “special operation.” The conflict's impact on global supply chains - already hammered over the past two years because of the coronavirus crisis - is expected to contribute to inflationary pressures that are pushing global central banks to tighten monetary policies and reverse COVID-19-driven accommodative measures. "While companies’ and consumers’ balance sheets are strong today, giving them more of a cushion to weather these difficulties, a large-scale reorientation of supply chains will inherently be inflationary," said Fink. He said central banks were dealing with a dilemma they had not faced in decades, having to choose between living with high inflation or slowing economic activity to contain price pressures. Energy prices have jumped as sanctions on Moscow prompted companies and countries to reassess supply chains and to try to reduce dependence on Russian commodities. "Energy security has joined the energy transition as a top global priority," Fink said.

frstrtd_ndrd_dvlpr

[Zero data backing it up](https://public.flourish.studio/visualisation/8229832/) and [more](https://coinmarketcap.com/historical/) zero historical data. Holding has made *plenty* people rich yes, how many you think lost money on countless coins/crypto projects? Also, you are the one spouting conjecture though? Cause you are the one obviously [cherry picking](https://en.wikipedia.org/wiki/Cherry_picking)  Ask the people who held some MAID, BLK, ARK, XPM, FRC, NMC, OMNI, BTS, DASH, STEEM and some other shit few years ago.

mojomofos4

Dip=realized profits for presents. Fkn BLK FRI smh

Thelolo422

BLK, From the binance accelerator fund.

UnrulySasquatch1

So are we just ignoring that 10 years ago BLK was $160 and is $845 today? That is 528%, about 18% per year for 10 years. That is really good

michelvankessel

KMD, QTUM, NAV, BLK and LTC...might buy some more LTC

JeffersonsHat

BLK barely moved from open.... crypto moved by 10-20%. TQQQ moved by 10%. Even SPY shitnitself

NotFunnyhah

So you tried the BLK D and believe it's better than we think?

NotFunnyhah

You going after the BLK D Bro? 🤔

M-A-L

Yeah BLK is totally dead. But, fun fact, the first to do PoS, all the way back in 2014.

bbchad

Tether is def shady, we can agree on that one. Also I’ve never heard of BLK

M-A-L

Won't ever buy: Tether. Why? It's been a source of FUD for many years, the lack of transparency and backing continues to fuel this FUD and it does serious harm to crypto. No one should buy it. Ever. There are many great alternative stablecoins, no excuses. First crypto: Blackcoin (ok, really it's Bitcoin, but that's boring, BLK is the second).

ShenyElda

BLK my beloved one 😊

coinfeeds-bot

tldr; BlackRock (BLK) has revealed major investments of $384 million through its ETFs in cryptocurrency mining companies. The $9 trillion multinational investment manager also has a 6.71% stake in Marathon Digital Holdings (MARA) and $176 million stake in Riot Blockchain (RIOT). BlackRock has also been exploring crypto futures. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.*