BlackRock’s bitcoin ETFs have become its top revenue source, nearing $100 billion in allocations. The U.S. spot bitcoin ETF IBIT reached $70 billion in assets in just 341 days and generated around $245 million in annual fees. The firm is betting on continued growth, increasing its stake in IBIT by 14%.

Dina Powell McCormick is appointed President and Vice Chairman of Meta, after previously serving on its Board of Directors. She will guide the company’s strategy and manage significant investments in infrastructure and global connectivity. Her background includes extensive experience in finance and public service under two U.S. presidents.

Vlad Tenev, CEO of Robinhood, spoke at the company's summit, drawing parallels between trading and race car driving. He emphasized the platform's role in empowering individual investors to engage in high-risk investments like options and cryptocurrencies, despite criticism that it resembles a gambling environment.