NEW YORK, September 21, 2023--Today, BlackRock expanded its iShares iBonds ETF franchise with the industry’s first TIPS defined maturity bond ETFs. The TIPS iBonds ETF suite consists of 10 funds that invest in U.S. Treasury Inflation-Protected Securities with maturities ranging from 2024 to 2033.
BlackRock (NYSE:BLK), the world's largest asset manager, has announced its plan to launch a series of exchange-traded funds (ETFs) focused on Treasury inflation-protected securities (TIPS). The move, unveiled on Thursday, aims to address growing investor concerns about the impact of inflation on their purchasing power.
Bitcoin (BTC) has further solidified its position as the leading cryptocurrency, with its market dominance climbing to 50.2% as of Monday, September 18, 2023. This surge in dominance marks a significant uptick from its range of 39% to 49% over the previous two years. The rise in Bitcoin's market share is largely attributed to the filing of Bitcoin ETFs by several top investment firms for SEC approval in June 2023.