HomeCrypto GamingBlackRock Plans to Acquire Spot Bitcoin ETPs for Its Global Allocation Fund

BlackRock Plans to Acquire Spot Bitcoin ETPs for Its Global Allocation Fund

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“The Fund may acquire shares in exchange-traded products (“ETPs”) that search to mirror typically the efficiency of the worth of bitcoin by straight holding bitcoin (“Bitcoin ETPs”), together with shares of a Bitcoin ETP sponsored by an affiliate of BlackRock. The Fund will solely put money into Bitcoin ETPs which might be listed and traded on nationwide exchanges,” the submitting stated.

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