comparemela.com

Latest Breaking News On - Blackrock global allocation fund - Page 6 : comparemela.com

BlackRock bought Bitcoin futures in January, suggesting BTC could replace gold

Apr 1, 2021 05:01 GMTCrypto News A recent filing from the SEC showed that BlackRock held 37 Bitcoin futures contracts in January. The asset manager’s gains from the Bitcoin futures only represent 0.00142% of the total fund’s assets. Rick Rieder, chief investment officer of BlackRock, believes that Bitcoin could take the place of gold.  A filing from the US Securities & Exchange Commission (SEC) revealed that the world’s largest asset manager has already invested in Bitcoin futures. BlackRock’s gains from Bitcoin futures was only $360K In January, BlackRock said that the firm would potentially invest in Bitcoin futures, according to the SEC filings. 

© 2024 Vimarsana

vimarsana © 2020. All Rights Reserved.