Blackrock Launches Blockchain ETF Offering Investors Exposure to Crypto Sector
The world’s largest asset manager, Blackrock, has launched a blockchain exchange-traded fund (ETF). The fund, trading on the NYSE Arca, gives investors exposure to “companies that are involved in the development, innovation, and utilization of blockchain and crypto technologies.” Blackrock Debuts Blockchain ETF Blackrock, the world’s largest asset manager with $10 trillion in assets under management, announced the launch of its Ishares Blockchain and Tech ETF (ticker: IBLC) Wednesday. The new exchange-traded fund (ETF) is trading on the NYSE Arca. The asset....
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The world’s largest asset manager has launched a blockchain ETF, providing clients with greater exposure to crypto and blockchain-related companies. BlackRock has officially launched a blockchain focused ETF, that provides investors with exposure to the crypto and blockchain industry without needing to directly own digital assets. On Wednesday, the world’s largest asset manager, which currently manages approximately $10 trillion in assets, added the Blockchain and Tech ETF (IBLC) to its iShares product line. The $4.7 million ETF does not directly own cryptocurrencies or digital assets....
The Digital Transformation ETF launched by VanEck provides investors with exposure to the likes of MicroStrategy, Square, Riot Blockchain and more.
SEC filings reveal that BlackRock has invested almost $400 million into Riot Blockchain and Marathon Digital Holdings stock. Filings submitted by the $9 trillion multinational investment manager BlackRock reveal the firm has made significant investments in two leading publicly traded Bitcoin mining firms.A June 30 filing submitted to the U.S. Securities and Exchange Commission, unearthed by Forbes, shows that BlackRock owns a 6.71% stake in Marathon Digital Holdings (MARA) and 6.61% of Riot Blockchain (RIOT). In total the investments are valued at nearly $384 million, with BlackRock having....
With $10 trillion worth of assets under management, Blackrock has officially announced the launch of a new ETF called the iShares exchange-traded fund that will give customers access to crypto markets without having an actual investment in Bitcoin or Ethereum. BlackRock is an American investment management company working across borders, known as the world’s largest […]
After announcing it would enable bitcoin trading services, $10 trillion BlackRock now offers spot bitcoin exposure to institutions in a private trust.