BlackRock doubles down on bitcoin fund offerings with income-focused filing

BlackRock (BLK) is moving deeper into the cryptocurrency exchange-traded fund (ETF) market with a plan to offer income from bitcoin BTC$88,420.53 exposure. The world’s largest asset manager, with an estimated $12.5 trillion in assets under management, filed with the U.S. Securities and Exchange Commission (SEC) a Form S-1 to list the iShares Bitcoin Premium Income…

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Stragegy’s (MSTR) STRC shares rebound to par value faster than historical average to enable more BTC buying

Stretch (STRC), the perpetual preferred equity issued by Strategy (MSTR), the world’s largest corporate holder of bitcoin, reclaimed its $100 par value during Thursday’s trading session, giving the company the leeway to raise funds to add to its stash of the largest cryptocurrency. The recovery took nine trading days following the March 13 ex-dividend date,…

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US-Iran war impact: Emergency powers invoked, India asks refiners to step up LPG output to avoid cooking gas shortage – report

The government has also directed producers to supply LPG, propane and butane to state-run refiners. (AI image) Middle East crisis impact: The government has activated emergency provisions to ensure there is no shortage of liquefied petroleum gas (LPG) in wake of the ongoing US-Israel-Iran war that has hit India’s imports of the energy source. India,…

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‘Disrespected northeast by not wearing gamosa’: Amit Shah blasts Rahul Gandhi in poll-bound Assam | India News

NEW DELHI: Union home minister in a public address in Assam’s Dibrugarh launched scathing attacks at Congress and Rahul Gandhi. Accusing the LoP of disrespecting the state’s culture, the home minister blamed him for the violence and chaos in Assam.Addressing the public rally in poll-bound Assam, Shah said, “Rahul Gandhi (was the) only person during…

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