BlackRock Intermediate Muni Income Bond ETF Price & Performance (INMU)

BlackRock has incorporated its iShares Bitcoin Trust ETF into its model portfolios, marking the first time the asset manager includes cryptocurrency in its $150 billion portfolio universe. With a 1%-2% allocation, this move signifies a growing acceptance of Bitcoin as a diversification tool, despite recent price volatility.1

BlackRock has launched the iShares Long-Term National Muni Bond ETF, expanding its municipal bond offerings to 16 funds. The ETF targets investment-grade municipal bonds with maturities of 12 years or more, providing tax-exempt income. This addition reflects rising demand for muni-bond ETFs in fixed-income strategies.2

BlackRock's California Municipal Income Trust (BFZ) stock reached a 52-week low of $10.97, highlighting market pressures on municipal bond funds. Despite offering a 6.41% dividend yield, the fund faces investor concerns due to fluctuating interest rates and broader economic uncertainties.3