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A big Wall Street winner from Trump's bitcoin bump: BlackRock

Yahoo Finance
Summary
Nutrition label

74% Informative

BlackRock 's spot bitcoin exchange-traded fund ( IBIT ) has swelled by $13 billion since Donald Trump ’s win on Nov. 5 .

The iShares Bitcoin Trust has crossed the $40 billion in assets just 10 months after its launch.

BlackRock CEO Larry Fink was once a "proud skeptic" of bitcoin, but now his money management giant is emerging as one of the biggest beneficiaries of a post-election surge in enthusiasm.

VR Score

76

Informative language

75

Neutral language

51

Article tone

semi-formal

Language

English

Language complexity

48

Offensive language

possibly offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

short-lived

Source diversity

1

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