The Latest Breaking News from BlackRock

Economy and Society is Ballotpedia’s weekly review of the developments in corporate activism; corporate political engagement; and the Environmental, Social, and Corporate Governance (ESG) trends and events that characterize the growing intersection between business and politics.

BlackRock earnings spike early Friday after four quarters of double-digit declines. BlackRock stock rises after beating expectations.

Among other reasons, analysts at the bank claimed similar ETFs approved in other countries haven't attracted significant investor interest.

The cryptocurrency surpassed the 52-week high it hit just weeks ago.

Institutional interest in crypto was "thrown off" last year when FTX collapsed, "but I think we've seen the worst," says the CEO and founder of ARK Invest.

The world’s largest asset manager filed an application with the SEC for a spot Bitcoin ETF in June.

More than 30 US states have proposed or implemented legislation in recent years to stop the government and its pension funds from investing in environmental social and governance (ESG) funds. These products integrate ESG issues into their investment strategies, which mainly involve buying stocks but also bonds.

New filing includes information that Coinbase will offer market surveillance to support the ETF, says Bloomberg.

The regulator has received applications to create a spot Bitcoin ETF from several TradFi players including Fidelity and BlackRock.