December 23, 2024

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Blackrock Explores Bitcoin ETP Investments for Global Allocation Fund

1 min read
Blackrock Explores Bitcoin ETP Investments for Global Allocation Fund
Blackrock Explores Bitcoin ETP Investments for Global Allocation FundIn a significant development, Blackrock, the world’s largest asset manager, has amended its prospectus for the Blackrock Global Allocation Fund to potentially include investments in bitcoin exchange-traded products (ETPs). This move, filed with the U.S. Securities and Exchange Commission (SEC), signals a new avenue for traditional investors to gain exposure to the digital asset market. […]