BlackRock Launches Spot Bitcoin Private Trust – Bitcoin Magazine

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  • BlackRock has launched a spot bitcoin private trust for institutions.
  • Earlier this month, BlackRock announced a partnership with Coinbase to offer bitcoin trading service to its clients.
  • Last year the $10 trillion asset manager stated they were not aware of any institutional interest in bitcoin.

BlackRock Inc., the world’s largest asset manager with $10 trillion of assets under management (AUM), has launched a spot bitcoin private trust enabling direct BTC exposure for its institutional clients, per a statement from the company.

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