​”Bitcoin – A Unique Diversifier” – BlackRock Releases New Pro-Crypto Report – Tyler Durden

“Bitcoin – A Unique Diversifier” – BlackRock Releases New Pro-Crypto Report Asset management giant BlackRock, with over $10 trillion in assets under management, has published a new report touting Bitcoin as a unique portfolio diversifier. This marks the latest embrace of Bitcoin from the world’s largest asset manager. Earlier this year, BlackRock launched a Bitcoin exchange-traded fund (IBIT), rapidly becoming one of the most successful ETF launches ever. The Bitcoin ETF already has over $21 billion in assets under management. BlackRock CEO Larry Fink also recently changed his sceptical stance on Bitcoin, admitting he was “wrong” to dismiss it. The firm has steadily released research explaining Bitcoin’s…  — Continue at ZeroHedge News : Read More