BlackRock Launches Bitcoin Private Trust for Institutional Players

BlackRock – the world’s largest asset manager – has launched a Bitcoin private trust offering clients direct Bitcoin exposure. This will give U.S. institutional customers exposure to Bitcoin’s price, less the trust’s expenses and liabilities.  BlackRock's Clients Want Bitcoin On Thursday, BlackRock stated that its clients have shown “substantial interest” in gaining cost-effective crypto exposure through its platform. Bitcoin, it said, is a particular eye-catcher: “Bitcoin is the oldest, largest, and most liquid crypto asset, and is currently the primary…

BlackRock Files for ETF Tracking Crypto Companies

BlackRock is one of those asset management firms that often creates new exchange-traded funds (ETFs). However, the news of BlackRock's latest filing has made a lot of excitement in the blockchain world. The company announced its intention to open a fund to replicate the performance of the crypto sector. However, behind this statement, reported by many websites, some crucial nuances arise. Our article will analyze the news in detail, adding no information regarding BlackRock's position on cryptocurrencies. BlackRock is pursuing…