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$10 Trillion Asset Manager BlackRock Unveils Bitcoin Spot Exposure Via Private Trust

Summary: BlackRock has announced a private trust for institutional clients.The trust will focus on providing direct exposure to Spot Bitcoin for the firm’s institutional customers.Investors based in the U.S. would be the first to tap this offering, per Thursday’s statement.The giant asset manager recently teamed up with Coinbase for institutional crypto

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World’s Largest Asset Manager Blackrock Launches Bitcoin Private Trust Citing ‘Substantial Interest’ From Clients – Featured Bitcoin News

The world’s largest asset manager, Blackrock, has launched a spot bitcoin private trust. “Despite the steep downturn in the digital asset market, we are still seeing substantial interest from some institutional clients,” said Blackrock. Blackrock Launches Bitcoin Trust Blackrock, the world’s largest asset manager, has launched “Blackrock bitcoin private trust.” According to

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Australian central bank governor favors private sector crypto technology

Australian central bank Governor Phillip Lowe said that a private solution “is going to be better” for cryptocurrency as long as risks are mitigated through regulation.Lowe commented at a recent G20 finance meeting in Indonesia. Reuters reported on July 17 that officials from other countries discussed the impact of stablecoins

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