BlackRock calls Bitcoin one of the biggest investment themes of the year
Key Takeaways
The firm has been a major player in the Bitcoin market since launching its iShares Bitcoin Trust ETF last January, which has grown to become the largest spot Bitcoin exchange-traded fund in the US.
BlackRock’s Bitcoin fund has reached $68 billion in assets under management as of the latest data. The ETF has attracted nearly $63 billion in net inflows since its trading debut.
BlackRock CEO Larry Fink has confirmed that sovereign wealth funds are accumulating Bitcoin, signaling a shift from short-term speculation to purpose-driven, long-term investment.
About Author
The firm has been a major player in the Bitcoin market since launching its iShares Bitcoin Trust ETF last January, which has grown to become the largest spot Bitcoin exchange-traded fund in the US.
BlackRock’s Bitcoin fund has reached $68 billion in assets under management as of the latest data. The ETF has attracted nearly $63 billion in net inflows since its trading debut.
BlackRock CEO Larry Fink has confirmed that sovereign wealth funds are accumulating Bitcoin, signaling a shift from short-term speculation to purpose-driven, long-term investment.
About Author
