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When the SEC opened the door in January for bitcoin exchange-traded funds to hit the mainstream, many traditional financial institutions across Wall Street and beyond finally had the opportunity to buy into crypto. Since then, money has poured in, but in fits and starts.
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Microsoft and BlackRock are part of a group of companies collaborating to pull together up to $100 billion to develop data centers for artificial intelligence and the energy infrastructure to power them.
The new CEO at Vanguard said Monday that the asset management giant could lean on artificial intelligence as it looks to improve its customer service experience.
Ether ETFs officially began trading in the U.S. on Tuesday, putting the world's second largest crypto currency in a vehicle favored by many professional investors and advisors.
The U.S. Securities and Exchange Commission appears to have given the green light for exchange-traded funds that hold ether, the world's second-largest cryptocurrency. Trading is expected to begin as soon as Tuesday.
When BlackRock CEO Larry Fink bought the iShares ETF business from Barclays for roughly $13 billion in 2009, the economy was still reeling from the great financial crisis.
A consortium led by Malaysia’s sovereign wealth fund Khazanah Nasional Bhd and state pension fund the Employees Provident Fund announced on May 15 an offer to take Malaysia Airports Holdings private, in a deal that would value the airport operator at US$3.9 billion.