Largest Asset Manager BLACKROCK Invest In Bitcoin

Published on: 04.04.2021

BlackRock, the worlds largest asset manager with $9 Trilion worth of AUM(assets under management) has invested in Bitcoin. ❗❗❗

Recent filings from Securities and Exchange Commission(SEC) shows the asset manager has 37 bitcoin futures contracts estimated at $6 Million that expired last March 26.

The 37 future contracts is 0.03% of the company’s Global Allocation Fund and appreciated $360,000 in value.

 

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