BlackRock Plans to Acquire Spot Bitcoin ETPs for Its Global Allocation Fund

Date:

Share post:



BlackRock Plans to Acquire Spot Bitcoin ETPs for Its Global Allocation Fund

“The Fund may acquire shares in exchange-traded products (“ETPs”) that seek to reflect generally the performance of the price of bitcoin by directly holding bitcoin (“Bitcoin ETPs”), including shares of a Bitcoin ETP sponsored by an affiliate of BlackRock. The Fund will only invest in Bitcoin ETPs that are listed and traded on national exchanges,” the filing said.



Source link

Leave a reply

Please enter your comment!
Please enter your name here

Related articles

Where to Stay in Split Without Getting Stuck Above a Bar

Split is small enough to cross on foot, but...

Designing A (Scalable) Advisory Firm PTO Policy

× Please contact your Firm's Group AdminIAR CE is only available if your organization...

NEAR price rally gains momentum as cross-chain product activity fuels further 15% jump

NEAR Protocol’s token climbed 15% over the past 24 hours to $2.8, extending a month-long rally that...

Chun Wang Joins SpaceX Lunar and Mars Missions

Chun Wang, the Chinese-born Maltese entrepreneur who founded the Bitcoin mining pool F2Pool, has joined SpaceX’s first...