Beware of Scams: BlackRock Confirms No Social Media Investment Solicitations

American multinational investment giant – BlackRock – has recently reported a significant increase in investment-related scams, particularly those that direct individuals to crypto investment websites or social media platforms like WhatsApp and Telegram.

“BlackRock and our firm’s executives never contact anyone through any social media platforms with investment offerings or to solicit payment of any kind. Please remain vigilant and if you suspect fraudulent activity, do not proceed.”a significant portion of trading volume among the 11 spot Bitcoin ETFs launched in January.

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BlackRock profits jump 10%: Three takeaways from Q2 earningsBlackRockʻs profits rose 10% in Q2 ETFs drove its revenue, with a record first half for ETF inflows Is BlackRock stock a buy? Blackrock set a record with $10.6 trillion in assets under management in the second quarter, led by high ETF flows.
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