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

March 10, 2024
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 straight holding bitcoin (“Bitcoin ETPs”), together with shares of a Bitcoin ETP sponsored by an affiliate of BlackRock. The Fund will solely put money into Bitcoin ETPs which might be listed and traded on nationwide exchanges,” the submitting stated.



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Tags: AcquireAllocationBitcoinBlackRockETPsFundglobalplansspot
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