2024-3-1 07:24 |
BlackRock's Bitcoin ETF will debut in Brazil tomorrow, offering investors an easier way to gain exposure to crypto. origin »
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BlackRock, the world’s largest asset manager with over $10 trillion in assets under management, is incorporating Bitcoin into its own model portfolio. According to a Bloomberg report on Feb. 28, the asset manager will allocate 1% to 2% of its…
New Jersey-based investor Stephen Weiss took profits from his Bitcoin position via BlackRock’s iShares ETF.
Avenir Group has expanded its Bitcoin holdings, reporting $599 million in BlackRock’s iShares Bitcoin Trust. Avenir’s increased exposure was revealed in its 13F filing, which details institutional investments, including asset positions and valuations.
Wisconsin more than doubled its Bitcoin exposure in three months, while Abu Dhabi’s sovereign wealth fund disclosed its public BTC purchase.
BlackRock plans to launch its first Bitcoin exchange-traded product in Europe following the success of its $58 billion U.S. Bitcoin ETF. The fund is expected to be domiciled in Switzerland, sources familiar with the matter told Bloomberg. BlackRock could begin…
BlackRock CEO Larry Fink has suggested that Bitcoin’s price could surge to $700,000 if sovereign wealth funds allocate 2% to 5% of their portfolios to the cryptocurrency. Speaking at the World Economic Forum in Davos, Fink highlighted Bitcoin (BTC) as…