Yahoo · Oct 31, 2026
Investors Pull $643 Million From Bitcoin ETFs After the Biggest Crypto Hack in History
Investors pulled $643 million from Bitcoin ETFs a day after the record Binance hack. Here is what it means for the funds.

NYSE · BLK
Financial Services · Asset Management
$1,147.54
Down-$28.70 (-2.44%)
Updated Nov 1, 2026, 2:04 AM
SID Score
6.6/10
Composite research score
Smart Money
50/100
Neutral
Price performance · BLK
1M range · 20 trading sessions · Daily adjusted prices
Prices through Oct 30, 2026
BLK closed at $1,147.54 after 20 trading sessions, up 7.60% for the selected period.
| Date | Open | High | Low | Close | Volume |
|---|---|---|---|---|---|
| Oct 30, 2026 | $1,165.15 | $1,169.04 | $1,136.90 | $1,147.54 | 644.7K |
| Oct 29, 2026 | $1,170.00 | $1,182.61 | $1,165.29 | $1,176.24 | 591.86K |
| Oct 28, 2026 | $1,146.77 | $1,162.125 | $1,143.001 | $1,157.88 | 664.87K |
| Oct 27, 2026 | $1,134.275 | $1,138.885 | $1,121.8631 | $1,136.05 | 545.45K |
| Oct 26, 2026 | $1,123.94 | $1,135.00 | $1,121.10 | $1,127.66 | 454.37K |
| Oct 23, 2026 | $1,124.97 | $1,132.96 | $1,105.47 | $1,118.25 | 813.36K |
| Oct 22, 2026 | $1,139.78 | $1,159.99 | $1,132.37 | $1,137.29 | 733.07K |
| Oct 21, 2026 | $1,136.26 | $1,149.70 | $1,126.29 | $1,149.60 | 759.57K |
| Oct 20, 2026 | $1,138.89 | $1,150.21 | $1,123.835 | $1,128.68 | 1.18M |
| Oct 19, 2026 | $1,136.82 | $1,141.59 | $1,121.54 | $1,124.60 | 541.09K |
| Oct 16, 2026 | $1,127.90 | $1,149.90 | $1,119.58 | $1,134.38 | 1.17M |
| Oct 15, 2026 | $1,099.40 | $1,124.58 | $1,065.26 | $1,120.78 | 1.23M |
| Oct 14, 2026 | $1,088.63 | $1,106.00 | $1,062.79 | $1,073.79 | 1.09M |
| Oct 13, 2026 | $1,088.09 | $1,090.68 | $1,066.05 | $1,066.12 | 651.35K |
| Oct 12, 2026 | $1,087.29 | $1,092.92 | $1,080.4035 | $1,083.92 | 327.74K |
| Oct 9, 2026 | $1,068.35 | $1,086.6867 | $1,065.3094 | $1,082.39 | 376.94K |
| Oct 8, 2026 | $1,055.96 | $1,070.3825 | $1,052.10 | $1,065.35 | 437.36K |
| Oct 7, 2026 | $1,067.02 | $1,070.515 | $1,057.95 | $1,069.63 | 385.69K |
| Oct 6, 2026 | $1,079.01 | $1,086.45 | $1,069.4201 | $1,079.42 | 539.2K |
| Oct 5, 2026 | $1,056.30 | $1,074.45 | $1,040.42 | $1,066.45 | 610.65K |
The latest Smart Investors Daily articles mentioning BLK.
Company
Market Activity
Research & News
BLK research
Company profile and research snapshot.
BlackRock is the largest asset manager in the world, with $13.464 trillion in assets under management at the end of September 2025. Its product mix is diverse, with 55% of managed assets in equity strategies, 24% in fixed income, 9% in multi-asset classes, 7% in money market funds, and 5% in alternatives. Passive strategies account for more than two-thirds of long-term AUM, with the company's ETF platform maintaining a leading market share domestically and on a global basis. Product distribution is weighted more toward institutional clients, which, by our calculations, account for around 80% of AUM. BlackRock is geographically diverse, with clients in more than 100 countries and more than one-third of managed assets coming from investors domiciled outside the US and Canada.
Visit company websiteConsensus and target data currently published for this company.
| Date | Firm | Rating | Target |
|---|---|---|---|
| Oct 20, 2026 | TD Cowen | Buy | — |
| Oct 19, 2026 | BMO Capital | Outperform | — |
| Oct 15, 2026 | UBS | Buy | — |
| Oct 15, 2026 | JP Morgan | Overweight | — |
| Oct 15, 2026 | Morgan Stanley | Overweight | — |
Generated Oct 31, 2026, 9:10 PM
BlackRock shares declined 2.44% today amid a mixed set of catalysts, including crypto market turbulence and broader market sentiment shifts. While the company faces near-term headwinds from digital asset volatility, the coverage reflects ongoing strength in BlackRock's core business and significant long-term growth opportunities in private markets.
Bottom line: BlackRock's 2.44% decline appears driven primarily by crypto market volatility and broader macro uncertainty rather than fundamental deterioration in the business. The longer-term narrative remains constructive, with private markets growth and continued ETF platform strength providing significant tailwinds, though investors should monitor crypto sentiment closely and Fed policy developments for near-term volatility triggers.
Yahoo · Oct 31, 2026
Investors pulled $643 million from Bitcoin ETFs a day after the record Binance hack. Here is what it means for the funds.
Yahoo · Oct 31, 2026
BlackRock has recently launched the iShares Future Robotics and Related Technologies Active ETF, expanded its presence in model portfolios through 55ip’s UMA platform, and seen subsidiary Preqin publish a forecast pointing to sizeable growth in global private capital assets under management by 2031. The mix of a new robotics and AI focused active ETF, broader access to BlackRock strategies via UMAs, and Preqin’s long term private capital outlook highlights how the group is leaning into...
Yahoo · Oct 31, 2026
Crypto ETFs now hold far more than bitcoin and ether, and the SEC is openly questioning whether its own rules can handle what the industry has already built. What investors think they own and what they actually own may be two very different things.
Yahoo · Oct 30, 2026
NEW YORK, October 30, 2026--Today, BlackRock Resources & Commodities Strategy Trust (NYSE: BCX), BlackRock Enhanced Equity Dividend Trust (NYSE: BDJ), BlackRock Energy and Resources Trust (NYSE: BGR), BlackRock Enhanced International Dividend Trust (NYSE: BGY), BlackRock Health Sciences Trust (NYSE: BME), BlackRock Health Sciences Term Trust (NYSE: BMEZ), BlackRock Enhanced Global Dividend Trust (NYSE: BOE), BlackRock Utilities, Infrastructure & Power Opportunities Trust (NYSE: BUI), BlackRock E
Interpretive context generated from the platform’s current data sources.
BlackRock, Inc. shares traded at $1,147.54, reflecting a daily decline of approximately 0.44%, per SID market data. Over the trailing one-month period, the stock posted a gain of 7.82%, while the three-month return registered at 1.86% and the one-year return stood at 3.17%. BLK currently trades above both its 50-day moving average of $1,103.80 and its 200-day moving average of $1,056.59, according to Massive/Polygon technical data, indicating sustained upward momentum in the intermediate term. The 14-day relative strength index reads 63.3, positioning the stock in neutral-to-moderately bullish territory without signaling overbought conditions. Average daily trading volume stands at approximately 647,517 shares. BlackRock carries a beta of 1.484, indicating meaningfully higher volatility relative to the broader market. The company's market capitalization is approximately $170.7 billion, affirming its status as the world's largest asset manager by market value.
BlackRock currently trades at a price-to-earnings ratio of 28.0, per SID market data, reflecting a premium valuation relative to many peers in the Financial Services sector. The stock's price-to-book ratio stands at approximately 3.07, according to SEC filings, suggesting the market values BlackRock at roughly three times its book value — consistent with the asset-light, fee-based nature of its business model. The company offers a dividend yield of approximately 1.89%, providing a modest income component for shareholders. Notably, the PEG ratio registers at a negative 4.72, a figure that reflects distortions in forward earnings growth estimates rather than a conventional growth-adjusted valuation signal. BlackRock's $170.7 billion market capitalization positions it as the dominant publicly traded asset management firm globally. Given its premium multiple, the valuation reflects the market's pricing of BlackRock's scale advantages, recurring revenue streams, and leadership in index and ETF products.
BlackRock's composite smart money score stands at 50 out of 100, reflecting a neutral overall signal, per SID market data. The institutional ownership component scores a perfect 25 out of 25, indicating robust and sustained positioning by major institutional investors. The insider trading component scores 12.5 out of 25, supported by notable recent activity: SEC Form 4 filings reveal 12 insider transactions over the past 90 days, of which 11 were purchases and only one was a sale. This pronounced buy-to-sell ratio suggests that corporate insiders have demonstrated conviction in the stock at current price levels. Dark pool activity scores 8.5 out of 25, suggesting relatively moderate off-exchange institutional volume. Congressional trading activity scores 4.0 out of 25, indicating minimal recent legislative interest in BLK shares, according to 13F institutional filings and congressional disclosure records. The divergence between strong institutional support and moderate scores in other categories produces the balanced neutral composite reading.
BlackRock has demonstrated a consistent pattern of exceeding analyst expectations in its most recent reported quarters, according to company earnings reports. In the most recently reported quarter, BlackRock posted earnings per share of $15.93 against a consensus estimate of $14.25, delivering a positive surprise of $1.68, or approximately 11.8%. The prior reported quarter showed EPS of $13.91 versus an estimate of $12.55, representing a beat of $1.36, or roughly 10.8%. These back-to-back double-digit percentage beats underscore strong operational execution and fee revenue generation. Looking ahead, analyst estimates project EPS of $14.26 and $12.55 for the next two upcoming quarters, per consensus data. If BlackRock maintains a similar cadence of outperformance, actual results could meaningfully exceed these projections. The earnings trajectory reflects the company's ability to capitalize on growing assets under management and operational efficiencies across its diversified platform.
Wall Street consensus on BlackRock remains decisively bullish, with all five of the most recent analyst actions reaffirming or upgrading to positive ratings, per Wall Street analyst reports. Most notably, TD Cowen upgraded BLK from Hold to Buy on October 20, 2026, representing the sole rating change among recent coverage updates. BMO Capital maintained its Outperform rating, while UBS reiterated a Buy recommendation. JP Morgan and Morgan Stanley each maintained Overweight ratings, with all three reiterations issued on or around October 15, 2026, coinciding with BlackRock's latest earnings release, according to SID consensus data. The clustering of five positive ratings from major bulge-bracket and independent research firms signals broad institutional confidence in BlackRock's fundamental trajectory. No analyst among the recent coverage initiations or updates has issued a neutral or negative rating, reflecting a uniformly constructive view on the company's competitive positioning, growth in assets under management, and earnings momentum following consecutive quarterly beats.


The latest Smart Investors Daily articles mentioning BLK.