POSSIBLE MOVE UNTIL FEB NEXT YEAR
In January 2024, BlackRock, the world’s largest asset manager, launched two spot Bitcoin ETFs – the BlackRock Bitcoin Trust and the BlackRock Bitcoin Private Trust. These funds offer institutional and individual investors regulated access to Bitcoin, marking a significant milestone for BlackRock in the crypto space. With over $8 trillion in assets under management, BlackRock’s entry was seen as a major endorsement of Bitcoin and a sign of growing institutional adoption. Spot Bitcoin ETFs in the US have garnered over $60 billion in assets under management (AUM) so far.
In January 2024, BlackRock, the world’s largest asset manager, launched two spot Bitcoin ETFs – the BlackRock Bitcoin Trust and the BlackRock Bitcoin Private Trust. These funds offer institutional and individual investors regulated access to Bitcoin, marking a significant milestone for BlackRock in the crypto space. With over $8 trillion in assets under management, BlackRock’s entry was seen as a major endorsement of Bitcoin and a sign of growing institutional adoption. Spot Bitcoin ETFs in the US have garnered over $60 billion in assets under management (AUM) so far.
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