Days after BlackRock, the world’s largest investment management company in the world, entered into a partnership with Coinbase to offer its institutional clients access to cryptocurrency trading services, the firm announced the launch of a spot Bitcoin Private Trust.
The company said the new product will be available to its institutional clients in the United States. The product will seek to track the performance of Bitcoin and will come with fewer expenses and liabilities for the trust in general.
While the first half (H1) of the year was filled with a lot of uncertainty as it concerns investment in the digital currency ecosystem, BlackRock said it has continued to see significant demand from clients that want exposure to digital currencies by leveraging its technology and market expertise.
The investment company, which holds more than $10 trillion in Assets Under Management (AUM), said it couldn’t resist providing an avenue to help its clients make the most secured investment in...
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INN caught up with cryptocurrency investment expert Dan Hoover to review the current landscape and where the market may be heading. The cryptocurrency investment marketplace has gone through severa...