In a recent interview with Yahoo Finance, Rachel Aguirre, the U.S. Head of BlackRock’s iShares Products, expressed her satisfaction with the launch and initial performance of the iShares Bitcoin Trust (IBIT), the company’s spot-based Bitcoin exchange-traded fund (ETF). Within the first two weeks of trading since receiving approval from the Securities and Exchange regulator, IBIT […]

Facing growing unease from traders over the safety of the world’s largest cryptocurrency exchange, Binance has yielded to customer pressure by enabling certain larger traders to hold their assets with independent custodians. This move comes in the wake of the exchange being fined by US authorities last year. Previously, Binance clients were limited to holding […]

In an effort to curb a deepening stock market decline, China has officially restricted short selling after previous informal measures failed to yield the desired results. The Shenzhen and Shanghai bourses announced on Sunday that investors purchasing shares will not be allowed to lend them for short selling within an agreed lock-up period. The new […]

Sales of mutual funds focused on climate initiatives have experienced a sharp decline of 75% over the past two years, grappling with a combination of challenges ranging from high-interest rates to lackluster performance and a political campaign in the United States against socially conscious investments. According to provisional figures from data provider Morningstar, climate-focused funds […]