cryptonews
2021-01-21 06:57:00

BlackRock Has USD 235bn in Alternatives And Now It's Coming For Bitcoin

Source: A video screenshot, Youtube/CNBC As the world’s largest asset manager, BlackRock, revealed its intentions to invest in cash-settled bitcoin (BTC) futures, the question is - how large this exposure might be?In its Q4 2020 report, the company said that it had more than USD 235bn in alternative investments at the end of the year, which is almost 3% of its total assets under management

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