BlackRock exploring crypto: The CEO of the world’s largest exchange-traded fund (ETF) provider, BlackRock, just announced that his company has assembled a group to look into cryptocurrencies, such as Bitcoin (BTC).
BlackRock Exploring CryptoLarry Fink told Reuters that he does not see “massive investor demand” currently, but his company will continue to look into cryptocurrency regardless.
Fink didn’t have much to add to his statement, but any news regarding BlackRock potentially making moves into the cryptocurrency space is good news. As of June 30th, the company has managed nearly $6.4 trillion in assets. ...
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