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Is Blackrock investing in Bitcoin?

Blackrock’s chief investment officer of global fixed income, Rick Rieder, talked about bitcoin in an interview with CNBC on Wednesday. The New York-based asset management firm had $8.68 trillion of assets under management at the end of the fourth quarter. Rieder confirmed that Blackrock has “started to dabble” in bitcoin.

Is Blackrock trading CME bitcoin futures?

BlackRock has already sent some positive signals to the market regarding crypto, including trading CME bitcoin futures, as per a filing with the U.S. Securities and Exchange Commission.

Does Blackrock have a crypto ETF?

The ETF is still awaiting approval from the SEC, but BlackRock isn’t waiting to get involved in Bitcoin and related blockchain technology. Is crypto in BlackRock’s portfolio?

Is Blackrock eyeing cash-settled bitcoin futures?

The filings match prospectus documents filed with the SEC in January, which showed that BlackRock was eyeing cash-settled bitcoin futures as potential investments for two of its funds, BlackRock Strategic Income Opportunities and BlackRock Global Allocation Fund.

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