BlackRock (NYSE:BLK) is expanding its on‑chain and ETF footprint: it launched a Bitcoin income ETF using covered calls while reports show rapid on‑chain buys and $2.93B in tokenized assets, launched an Nasdaq‑100 ETF, pursued big infrastructure and fund deals, and clarified proxy voting stances.
Previous Week Recap
- BlackRock Bitcoin Income ETF: BlackRock launched a Bitcoin income ETF that holds BTC, sells call options to collect premiums, pays part of those premiums as income to shareholders, and reinvests the rest into BTC.
- BlackRock Buys 300 BTC, 7456 ETH: Onchain Lens reports BlackRock bought 300 BTC and 7,456 ETH in a ten‑minute window; purchase detected by monitoring data, no official confirmation from BlackRock.
- BlackRock On-Chain Tokenized Assets: BlackRock holds about $2.93B in on-chain tokenized assets, with roughly $1.1B on Ethereum — detailing the firm's tokenization exposure and Ethereum share of its on-chain portfolio.
- iShares Nasdaq-100 ETF Launch: BlackRock launched iShares Nasdaq-100 ETF (IQQ) to trade Thursday with $24 NAV, 0.12% fee (0.10% through 7/31/2027). Tracks Nasdaq-100, competes with QQQ and similar ETFs.
- Proxy Advisors Not Controlling Votes: BlackRock says proxy advisors won’t control voting on Trump Accounts; it directed inquiries to the U.S. Treasury. State Street and Vanguard gave limited or no comment.
- GIP Eyes Brazilian Port Bid: BlackRock unit GIP is reportedly eyeing a joint bid with Stonepeak for a roughly $5 billion Brazilian port project; reports say interest is preliminary with no confirmed offer or outcome.
- BlackRock Leads SBI Funds IPO: BlackRock acted as a lead anchor investor in SBI Funds’ IPO, part of an anchor book reportedly 20x subscribed alongside other major institutional backers.
This is an AI-generated summary and may contain inaccuracies. Please verify any important information with the original sources.