BlackRock CEO Larry Fink warns that restricting AI data center development could push the U.S. economy into a recession, citing the sector's critical role in current capital expenditure growth.
BlackRock CEO Larry Fink warns that restricting data center construction across the US could lead to an economic recession.
BlackRock CEO Larry Fink warned that halting U.S. data center construction could trigger a recession, citing their critical role in the economy amid a $40 trillion national debt.
BlackRock CEO Larry Fink warns that halting data center construction could trigger a US recession, citing the sector's critical role in driving economic growth through AI infrastructure investment.
Investors withdrew $75.07 million from BlackRock’s iShares Ethereum Trust on October 12, driving a broader $85.4 million outflow from US spot Ethereum ETFs.
US spot Ethereum ETFs recorded their largest weekly outflow since January, with investors pulling $542.1 million amid a broader decline in crypto market sentiment.
US spot Bitcoin ETFs saw net inflows of $21.13 million on October 9, while Ethereum-based funds faced their ninth consecutive day of net outflows.
BlackRock’s iShares Ethereum Trust saw $116.05 million in outflows on October 7, 2026, contributing to a broader trend of capital reallocation from Ethereum to Bitcoin funds.
OpenAI is negotiating a $30 billion private funding round at a fixed pre-money valuation of $1.4 trillion with BlackRock and UAE-based funds.
BlackRock is pushing to use tokenized money market funds as instant collateral to eliminate multi-day cash settlement delays for institutional investors.
BlackRock predicts that AI agents will drive future demand for digital assets, utilizing blockchain for high-frequency, low-cost machine-to-machine transactions.
BlackRock continues to decline the launch of a spot XRP ETF, citing that the token fails to meet its internal criteria for market maturity and client demand.
BlackRock’s IBIT fund recorded $69.85 million in new Bitcoin purchases as institutional demand for spot ETFs continues to recover from a mid-2026 downturn.
OpenAI is negotiating a $30 billion funding round that would value the artificial intelligence company at $1.4 trillion.
BlackRock’s IBIT fund purchased $195.6 million in Bitcoin in one day, contributing to a monthly total of $1.57 billion and solidifying its position as the largest US spot Bitcoin ETF.
Backpack Securities has introduced a tokenized version of BlackRock shares on the Solana blockchain, enabling 24/7 trading for users.
BlackRock's latest research suggests that AI agents will drive demand for digital assets, proposing a future where computing power is traded on blockchains.
Ondo Finance has introduced tokenized portfolios featuring BlackRock-designed strategies, though the asset manager holds no liability for the products.
BlackRock research suggests that stablecoins are the most viable payment solution for autonomous AI systems, as traditional financial infrastructure fails to meet machine-to-machine requirements.
BlackRock’s iShares Ethereum Trust saw $15.35 million in daily inflows, as the firm’s combined Ethereum products now represent 5.4% of the asset's total market capitalization.
