BlackRock Sees Sovereign Wealth Funds, Pensions Coming to Bitcoin ETFs

BlackRock Sees Sovereign Wealth Funds, Pensions Coming to Bitcoin ETFs

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BlackRock, the world's largest asset-management company, is playing an educational role in conversations with financial institutions about bitcoin and digital assets.

The firm has been discussing bitcoin with these institutions for several years.

BlackRock is focused on educating its clients about bitcoin and digital assets, rather than competing for the largest spot bitcoin ETF.

The firm sees potential in cryptoassets, stablecoins, and tokenization, and believes these areas are interrelated.

https://www.coindesk.com/business/2024/05/02/blackrock-sees-sovereign-wealth-funds-pensions-coming-to-bitcoin-etfs/

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