BlackRock Weighs Crypto ETF Flows And Retirement Rethink For Investors
- BlackRock’s Bitcoin ETF, iShares Bitcoin Trust (IBIT), recently saw record trading volumes alongside major outflows tied to institutional activity and derivatives volatility.
- The firm is also pursuing mergers among several closed end funds as part of a broader set of shareholder value initiatives.
- In his latest annual letter, CEO Larry Fink called for a fundamental rethink of the retirement age in America, putting BlackRock at the center of a high profile policy debate.
For investors tracking NYSE:BLK, these developments highlight how BlackRock sits at the crossroads of mainstream finance and crypto infrastructure. The shares recently closed at $1,079.9, with a 1 year return of 11.8% and a 3 year return of 57.5%, while the 5 year…
