March 5, 2021
Business News

BlackRock Gives 2 Funds Go-Ahead to Invest in Bitcoin Futures – CoinDesk – CoinDesk

BlackRock, the world’s largest asset manager with $7.81 trillion under management, appears to have granted at least two of its funds the ability to invest in bitcoin futures.
Prospectus documents filed with the U.S. Securities and Exchange Commission Wednesday indicate that BlackRock Global Allocation Fund Inc. and BlackRock Funds V are at least eyeing bitcoin. They both include the world’s oldest cryptocurrency on their lists of derivative products cleared for use.
BlackRock did not state which…

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