BlackRock plans to purchase spot bitcoin ETFs for its Global A | Crypto | Ethereum | Bitcoin
BlackRock plans to purchase spot bitcoin ETFs for its Global Allocation Fund
BlackRock may purchase spot bitcoin exchange-traded funds (ETFs) for its Global Allocation Fund, according to the U.S.-based asset manager’s updated filing with the Securities and Exchange Commission. The Global Allocation Fund, which utilizes U.S. and foreign equity, debt and money market securities in maximizing returns, held $17.8 billion in assets under management as of March 7, according to BlackRock.
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