A company that is changing the way the world mines bitcoin

BitcoinSistemi 2025-02-05 16:56:08

BlackRock, the World’s Largest Asset Manager, Is Coming Up with a Hot New Bitcoin Step

BlackRock, the world's largest asset manager, is set to offer a Bitcoin Spot ETF (ETP) in Europe, expanding its crypto investment products beyond the United States. The move follows the success of BlackRock's $58 billion US-based Bitcoin ETF. BlackRock to Expand Bitcoin Spot ETF to All of Europe The fund is expected to be based in Switzerland and marketing efforts could begin as early as this month, people familiar with the matter said. BlackRock has not officially commented on the launch. BlackRock, a leader in exchange-traded fund (ETF) issuance, manages more than $4.4 trillion in assets across its various ETF products. While crypto-linked ETPs have been available on European markets for years, this is BlackRock’s first direct entry into European crypto-linked investment vehicles. The asset management giant has played an instrumental role in legitimizing digital assets within traditional finance. At the World Economic Forum in Davos last month, BlackRock CEO Larry Fink highlighted Bitcoin’s potential as a hedge against currency devaluation. The launch of spot Bitcoin ETFs in the U.S. a year ago has fueled a surge in demand for cryptocurrency investment products, drawing $116 billion across 12 funds, according to Bloomberg data. BlackRock’s iShares Bitcoin Trust leads the industry, setting records for the most successful ETF launch in history. “Being able to gain exposure to Bitcoin through ETP packaging has proven to be an attractive combination for investors,” BlackRock executives Samara Cohen and Jay Jacobs wrote in a blog post last month. *This is not investment advice. Continue Reading: BlackRock, the World’s Largest Asset Manager, Is Coming Up with a Hot New Bitcoin Step

La maggior parte ha letto le notizie

PENGU Token Price Dips Following Early Burn o...
2025-02-05
Elizabeth Warren flips on crypto vows to end...
2025-02-05
Ripple’s XRP on Track for 63,000% Rapid Explo...
2025-02-05
PENGU Price Falls as Pudgy Penguins Burn Over...
2025-02-05
Fluid DEX Volume Soars to All-Time High in Fe...
2025-02-05
MSTR Q4 loss swells more than expected on $1B...
2025-02-05
XRP’s Path to $100: These 5 Cryptos Could Del...
2025-02-05
Solana Could Target $220 If It Holds Current...
2025-02-05

Notizie correlate

FDIC To Ease Rules, Let Banks Engage in Crypto Act...
05 Feb 2025
Solana App Revenue Surges 213% in Q4 2024 Amid Mem...
05 Feb 2025
Solana app revenues up 213% in Q4: Messari
05 Feb 2025
Arbitrum Integrates With BitcoinOS to Expand Into...
05 Feb 2025
Tether CEO Unveils AI Platform ‘Tether Data,’ Laun...
05 Feb 2025
Shiba Inu sinks, PEPE and this token could surge i...
05 Feb 2025

Leggi la dichiarazione di non responsabilità : Tutti i contenuti forniti nel nostro sito Web, i siti con collegamento ipertestuale, le applicazioni associate, i forum, i blog, gli account dei social media e altre piattaforme ("Sito") sono solo per le vostre informazioni generali, procurati da fonti di terze parti. Non rilasciamo alcuna garanzia di alcun tipo in relazione al nostro contenuto, incluso ma non limitato a accuratezza e aggiornamento. Nessuna parte del contenuto che forniamo costituisce consulenza finanziaria, consulenza legale o qualsiasi altra forma di consulenza intesa per la vostra specifica dipendenza per qualsiasi scopo. Qualsiasi uso o affidamento sui nostri contenuti è esclusivamente a proprio rischio e discrezione. Devi condurre la tua ricerca, rivedere, analizzare e verificare i nostri contenuti prima di fare affidamento su di essi. Il trading è un'attività altamente rischiosa che può portare a perdite importanti, pertanto si prega di consultare il proprio consulente finanziario prima di prendere qualsiasi decisione. Nessun contenuto sul nostro sito è pensato per essere una sollecitazione o un'offerta