• BlackRock (NYSE:BLK) announced a US$15 million multi-year philanthropic program to support skilled trades training in Canada.
• The initiative targets workforce development tied to Canadian infrastructure needs, with funding spread over several years.
• Institutional interest in BlackRock’s digital asset ETFs has grown, with strong inflows reported into IBIT and Ethereum-focused products.
• The philanthropy for Canadian trades and demand for IBIT and Ethereum ETFs highlight only part of the BlackRock story. We have also flagged 2 warning signs for BlackRock.

For readers tracking how large asset managers are positioning around new financial infrastructure, the next stop is 59 AI infrastructure stocks.

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