TLDR Crypto · MARKETS & BUSINESS

BLACKROCK EXPLORES BITCOIN ETP INVESTMENTS FOR GLOBAL ALLOCATION FUND

news.bitcoin.com1 min read

Summary from the TLDR Crypto newsletter

BlackRock's Global Allocation Fund may soon include investments in Bitcoin exchange-traded products, according to a revised prospectus lodged with the SEC. This is the second fund that BlackRock has filed to include Bitcoin ETFs in. BlackRock says that these ETFs help the funds gain access to bitcoin exposure, helping them create a more diversified investment strategy.