@mapo23 31 March 2021 more from that month

On Jan. 20, BlackRock Capital filed prospectus documents with the US SEC to include Bitcoin derivatives in two of its investment products. BlackRock has provided support for Bitcoin futures buys for its BlackRock Global Allocation Fund Inc. and BlackRock Funds V products These futures will have to settle in cash, and BlackRock has not stated yet which exchange it will use to execute these trades Rick Rieder, BlackRock’s Chief Information Officer, in an interview on CNBC said that Bitcoin was “much more functional” than gold BlackRock Capital is the world’s largest asset manager, managing over $7.81 trillion as of Q4 2020 The arrival of BlackRock would be a tremendous validation of Bitcoin and is likely to attract a considerable amount of attention from high-profile investors The firm joins several others in entering the market in recent months; both Guggenheim and Ruffer Investments have praised and benefited from investing in Bitcoin #Bitcoin