: The funds were only allowed to trade cash-settled Bitcoin futures on CFTC-registered commodity exchanges, such as the Chicago Mercantile Exchange (CME) .
At the time, this was a massive shift for the world's largest asset manager, which had previously been cautious about cryptocurrencies. Key Details from the 2021 Story BlackRock Gives 2 Funds Go-Ahead to Invest in B...
: The funds were strictly prohibited from holding physical Bitcoin at that stage. : The funds were only allowed to trade
The "interesting story" you're referring to dates back to , when BlackRock first authorized two of its major funds—the BlackRock Global Allocation Fund and the BlackRock Strategic Income Opportunities Portfolio —to invest in cash-settled Bitcoin futures. BlackRock Gives 2 Funds Go-Ahead to Invest in B...
: The funds were only allowed to trade cash-settled Bitcoin futures on CFTC-registered commodity exchanges, such as the Chicago Mercantile Exchange (CME) .
At the time, this was a massive shift for the world's largest asset manager, which had previously been cautious about cryptocurrencies. Key Details from the 2021 Story
: The funds were strictly prohibited from holding physical Bitcoin at that stage.
The "interesting story" you're referring to dates back to , when BlackRock first authorized two of its major funds—the BlackRock Global Allocation Fund and the BlackRock Strategic Income Opportunities Portfolio —to invest in cash-settled Bitcoin futures.