BlackRock’s accumulation interest in Bitcoin remains steady, with its portfolio growing to 363,626 Bitcoin as of Friday, September 27. The asset manager has been bullish on cryptocurrencies for nearly a decade and shows no signs of stopping.
JinseFinance“Investors do want access to ETH,” said Samara Cohen, BlackRock’s head of ETF investments.
JinseFinanceWall Street's adoption of stablecoins, like BlackRock's use of USDC, could speed up US regulatory changes. BlackRock's tie-up with Circle links traditional assets to stablecoins, potentially influencing the future of regulated stablecoins alongside CBDCs.
Huang BoThe "institutionalization of cryptocurrency" is becoming increasingly obvious, and the core players in the future will be large financial institutions.
JinseFinanceIt is expected that BlackRock will penetrate deeper into the encryption industry and become a decisive force in the future. As the world's largest asset management institution, why is BlackRock interested in cryptocurrency? What impact will it have on the subsequent development of the encryption industry?
JinseFinanceBlackRock plans to add Bitcoin ETFs to its Strategic Income Opportunities Fund, signaling acceptance of cryptocurrencies but warning about associated risks.
Huang BoDon't think these novel funds are just old wine in new bottles. Perpetual funds are changing Blackstone’s operating model itself.
JinseFinanceLarry Fink has become somewhat of a leading global influencer on the Bitcoin market.
JinseFinanceBlackRock's subtle ad strategy for the iShares Bitcoin Trust ETF (IBIT) successfully targets wealthy baby boomers. With a focus on simplicity and traditional finance appeal, the approach stands out in the competitive market, potentially shaping success in the Bitcoin ETF landscape.
SanyaThese concerns were raised even as BlackRock is filing for a Bitcoin ETF on its own.
Alex