BlackRock Plans to Acquire Spot Bitcoin ETPs for Its Global Allocation FundBlackRock, the $9.1 trillion asset manager, has laid out plans to purchase spot bitcoin exchange traded products (ETPs) for the firm’s Global Allocation Fund, according to an updated filing on Thursday with the the Securities and Exchange Commission (SEC). Spot bitcoin exchange traded funds (ETFs) approved in January of this year have been a big success, relative to the broader ETF market, with BlackRock’s iShares Bitcoin Trust (IBIT) holding the record for the most daily inflows.
Source
Join @Crypto_Publisher
Contact us @Crypto_Marcus
