This taken from another board. Interesting. BlackRock has launched a private trust offering institutional clients in the U.S. direct exposure to bitcoin.
The largest asset manager in the world revealed the new product in a blog post Thursday, though it was light on detail.
“Despite the steep downturn in the digital asset market, we are still seeing substantial interest from some institutional clients in how to efficiently and cost-effectively access these assets using our technology and product capabilities,” the company said in the post.