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

2 years ago
in Crypto Updates
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“The Fund might purchase shares in exchange-traded merchandise (“ETPs”) that search to mirror usually the efficiency of the value of bitcoin by immediately holding bitcoin (“Bitcoin ETPs”), together with shares of a Bitcoin ETP sponsored by an affiliate of BlackRock. The Fund will solely spend money on Bitcoin ETPs which might be listed and traded on nationwide exchanges,” the submitting mentioned.



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Tags: AcquireAllocationBitcoinBlackRockETPsFundglobalPlansspot
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