BlackRock's IBIT becomes largest spot bitcoin ETF, surpassing Grayscale's GBTC: CNBC Crypto World
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TOKYO -- Japan appears hesitant to scale the tax and other hurdles that stand in the way of approving exchange-traded funds (ETFs) that track bitcoin prices despite growing expectations in the cryptocurrency industry.
But the opposition and civil society groups say Anwar and his administration had failed to back up tough words with actions, after a consortium that includes UK-based Global Infrastructure Partners (GIP) – bought by BlackRock in January – announced on May 15 a voluntary offer to acquire all shares of Malaysia Airports Holdings Berhad (MAHB).
Henny Sender is the founder and managing partner of Apsara Advisory, a strategic consultancy for financial services companies. She was previously a managing director at investment company BlackRock.
Asset manager BlackRock will launch an investment platform in Riyadh with the help of a $5 billion anchor investment from Saudi Arabia's Public Investment Fund, the kingdom's sovereign wealth fund.
SINGAPORE -- A joint venture between Singapore state investor Temasek Holdings and BlackRock, the world's biggest asset manager, has raised $1.4 billion for its first and one of the largest venture capital funds dedicated to investing in firms with technologies to reduce carbon emissions.
BlackRock estimates that the world's green energy transition will require $4 trillion annually by the mid-2030s, calling for more public-private partnerships, especially in Asia-Pacific.
BlackRock CEO Larry Fink predicted Friday that the Federal Reserve likely will still cut interest rates this year but won't meet its inflation target.