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🇺🇸 Defense ETF trade request before Iran strikes raises questions
FT reports that broker for Defense Secretary Pete Hegseth approached BlackRock in Feb 2026 with a multi-million request to invest in a defense ETF, weeks before strikes on Iran.
The fund manages $3.1B and holds major Pentagon contractors. The deal did not go through.
Pentagon denies the report, calling it false and demanding a retraction.
Timing alone is enough to get attention.
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