–
Bloomberg News reported on the 21st that Black Rock, the world’s largest asset management company, included Bitcoin futures, the leader of cryptocurrency, as a target for investment for the first time.
According to this, Blackrock included bitcoin futures as an investable asset in a fund document filed with the Securities and Exchange Commission (SEC).
The two funds are’BlackRock Strategic Income Opportunities’ and’BlackRock Global Allocation Fund’.
Black Rock is the world’s largest asset manager, dealing with assets of $7.8 trillion (approximately 9556 trillion won).
The move “is announcing a new willingness to test the realm of Bitcoin,” said the news agency, as Black Rock is the first to expose investors to cryptocurrencies.
Black Rock’s CEO Larry Pink said in a 2018 interview that their clients weren’t interested in Bitcoin, but recently Black Rock executives are increasingly open to Bitcoin, the news agency added.
In this regard, Rick Leader, Black Rock’s Chief Investment Officer (CIO), said in a Bloomberg TV interview last year that there is a clear demand for Bitcoin, “it will be part of an investor’s asset class for a long time.”
/yunhap news
–
Ⓒ Hankyung.com prohibits unauthorized reproduction and redistribution
–
