World’s Largest Asset Manager BlackRock Launches Spot Bitcoin Private Trust
After announcing it would enable bitcoin trading services, $10 trillion BlackRock now offers spot bitcoin exposure to institutions in a private trust.BlackRock has launched a spot bitcoin private trust for institutions. Earlier this month, BlackRock announced a partnership with Coinbase to offer bitcoin trading service to its clients. Last year the $10 trillion asset manager stated they were not aware of any institutional interest in bitcoin.BlackRock Inc., the world’s largest asset manager with $10 trillion of assets under management (AUM), has launched a spot bitcoin private trust....
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The world’s largest asset manager, Blackrock, has launched a spot bitcoin private trust. “Despite the steep downturn in the digital asset market, we are still seeing substantial interest from some institutional clients,” said Blackrock.
Blackrock Launches Bitcoin Trust
Blackrock, the world’s largest asset manager, has launched “Blackrock bitcoin private trust.” According to a Thursday blog post, the spot bitcoin private trust, available to U.S. institutional clients, seeks to track the performance of BTC, less expenses and liabilities of....
With the Spot Bitcoin and Ethereum ETF already trading, there have been discussions about whether or not fund issuers will apply for other crypto ETFs. Specifically, market experts have questioned if the world’s largest asset manager, BlackRock, will file for spot ETFs for other altcoins like Solana and XRP. BlackRock Unlikely To File For Spot […]
In the latest amendment to its iShares Bitcoin Trust prospectus, the world’s largest asset manager, BlackRock, revealed that it planned to start seeding starting this month. This has further raised speculations as to the possibility of a Spot Bitcoin ETF launching soon. How Seeding Suggests An Approval Is Imminent In a post shared on his […]
The world’s largest asset manager BlackRock has now filed for a new ETF. The crypto space has been characterized by ETF filings ever since the first Bitcoin Futures ETF made its debut on the trading markets. Since then, there have been more futures ETF filings surrounding bitcoin and ethereum, as well as spot ETF filings […]
BlackRock, the world’s largest asset manager, has amended its prospectus for the spot Bitcoin Exchange-Traded Fund (ETF) with the stringent United States Securities and Exchange (SEC), according to a report on October 18. BlackRock Revises Bitcoin ETF Application, Heavyweights Interested Specific changes made on their iShares Bitcoin Trust submitted by the asset manager include acknowledging the intense […]