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BlackRock Adds Its Bitcoin ETF to Model Portfolio for First Time

(Bloomberg) -- The world’s biggest asset manager is finally allowing Bitcoin into its $150 billion model-portfolio universe. Most Read from BloombergCuts to Section 8 Housing Assistance Loom Amid HUD UncertaintyThe Trump Administration Takes Aim at Transportation ResearchShelters Await Billions in Federal Money for Homelessness ProvidersNYC Office Buildings See Resurgence as Investors Pile Into BondsNYC’s Congestion Pricing Pulls In $48.6 Million in First MonthBlackRock Inc. is adding a 1% to 2%

CME Group plans to launch Solana futures on March 17

(Reuters) -CME Group said on Friday that it plans to roll out futures contracts on cryptocurrency Solana on March 17, pending regulatory review. The exchange said it expects to debut two contracts, one for 500 Solana coins and a "micro-sized" contract for 25 Solana. "We are responding to increasing client demand for a broader set of regulated products to manage cryptocurrency price risk," said Giovanni Vicioso, global head of cryptocurrency products at CME.

US Spending Drops on Cold Weather; Inflation Gauge Offers Relief

(Bloomberg) -- US consumers unexpectedly pulled back on spending on goods like cars in January amid extreme winter weather, and a slowdown in services, if sustained, may raise concerns about the resilience of the economy.Most Read from BloombergCuts to Section 8 Housing Assistance Loom Amid HUD UncertaintyThe Trump Administration Takes Aim at Transportation ResearchShelters Await Billions in Federal Money for Homelessness ProvidersNYC Office Buildings See Resurgence as Investors Pile Into BondsN