$14T Giant BlackRock Blocks Withdrawals After $1.2B Exit Requests

World’s largest asset manager, BlackRock, with AUM of $14 trillion, has limited withdrawals from its $26 billion lending fund after investors rushed to pull out $1. 2 billion, far above the allowed limit. The move has raised liquidity concerns for BlackRock. Many in the financial world are now asking why the firm has limited withdrawals and  Is … source: https://coinpedia.org/news/14t-giant-blackrock-blocks-withdrawals-after-1-2b-exit-requests/