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“An estimated 20% of Americans have now owned bitcoin at some point. BlackRock’s proposed ETF potentially offers the other 80% an option that is altogether more familiar and accessible,” said Sui Chung, CEO of CF Benchmarks, in an email to CryptoX. “BlackRock’s increasing engagement shows Bitcoin continues to be an
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BlackRock’s latest filing for a spot Bitcoin (BTC) trust will drive investors’ confidence in Bitcoin and may even be “the best thing that could happen” to BTC, according to some crypto industry observers — but others warn of a hidden cost.During an interview on June 16, Galaxy Digital CEO Mike
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BlackRock, the world’s largest asset manager, has just launched a new exchange-traded fund (ETF) providing European customers with exposure to the blockchain industry, while reports indicate a Metaverse-focused ETF may be on the way. The new blockchain ETF launched on Sept. 27 is called the iShares Blockchain Technology UCITS ETF (BLKC). BlackRock said 75% of
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On Jan. 20, BlackRock, the world’s largest asset manager with over $8.7 trillion assets under management, appeared to have given the green light to two of its associated funds, BlackRock Global Allocation Fund Inc. and BlackRock Funds, to invest in Bitcoin futures. In this regard, the prospectus documents filed with the
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Rick Rieder, CIO of Fixed Income at investment giant BlackRock, told CNBC that bitcoin and cryptocurrency are "here to stay." Source
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BlackRock CEO Larry Fink warned against mass bankruptcies and a stock market downtrend in early May. Hertz, which was valued at $2.8 billion in February 2020, filed for Bankruptcy. Many of the 30.2 million small businesses are at risk of bankruptcies. When the U.S. stock market was rallying earlier
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