Blackrock bitcoin investment

The world’s largest investment company would invest in cash-settled bitcoin futures contracts through a CFTC-regulated traditional exchange. But they are yet to disclose, how much they want to spend.

blackrock bitcoin investment
Black rock

Blackrock practically dictates the trends in the investment industry, all other participants listen to them. Rick Rieder, the investment director of the company said before, handling bitcoin is way easier than gold, so it has a future as an investment.