World’s largest Asset Manager BlackRock readies for Bitcoin exposure.
The trillion-dollar asset management behemoth Blackrock has given the green light for two of its funds to invest in Bitcoin futures. Latest filings with SEC reveal that both the BlackRock Global Allocation Fund Inc. and BlackRock Funds V could be gearing up to trade Bitcoin (BTC) derivatives. According to the filings, the funds will invest only in cash-settled Bitcoin futures…