Why #BlackRock⁩ is in every news related to Bitcoin or Crypto ?

BlackRock's IBIT now holds 2.38% of all Bitcoin, with its latest filing showing it has 500,380 #BTC☀ on its books. BlackRock's spot Bitcoin exchange-traded fund (ETF) has surpassed 500,000 BTC in holdings as more investors seek exposure to the asset.

What does BlackRock company do?

BlackRock is one of the world's leading providers of investment, advisory and risk management solutions. We are a fiduciary to our clients. We're investing for the future on behalf of our clients, inspiring our employees, and supporting our local communities.

BlackRock is the largest money-management firm in the world with more than US$10 trillion in assets under management. In April 2024, Fink's net worth was estimated at US$1.2 billion according to Forbes. He sits on the boards of the Council on Foreign Relations and the World Economic Forum. Los Angeles, California, U.S.

Who are the biggest shareholders of BlackRock?

The largest institutional shareholders of BlackRock are Vanguard Group, BlackRock Inc., State Street Corp, Bank of America, and Temasek Holdings. The largest individual shareholders are Susan Wagner, Laurence Fink, Robert Kapito, J. Richard Kushel, and Murry Gerber.