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BlackRock, the world’s largest asset manager, is adding Bitcoin (the king crypto) as an eligible investment to its flagship Global Allocation Fund, which is one of the most preferred vehicles for ordinary and passive investors.
A company filing shows that the move enables BlackRock to allocate part of the fund’s $15 billion to cash-settled BTC futures traded on commodity exchanges registered with the CFTC.
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Show Notes / News Resources:
✔ Bitcoin Technical Analysis: https://bit.ly/3WWMbni
✔ DCG Being Investigated by DOJ: https://bit.ly/3GKMYSK
✔ Macroeconomic data points toward intensifying 2023 pain: https://bit.ly/3Qr6k2j
✔ Analytics Firm Santiment Issues Crypto Market Warning: https://bit.ly/3GNy5iA
✔ Coin Bureau Analyst Details 2023 Crypto Outlook, Pins Date: https://bit.ly/3GiZcjY
🔴 DISCLAIMER: This is NOT financial advice. This is an entertainment and opinion-based show. I am not a financial adviser. I am not responsible for any investment decisions that you choose to make. Always do your own research and never invest what you cannot afford to lose.
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