BlackRock: Sovereign Wealth, Pension Funds Considering Bitcoin ETFs
BlackRock says sovereign wealth funds and pensions are having diligence conversations about Bitcoin ETFs, signaling growing institutional Bitcoin adoption despite recent outflows.
Asset management giant BlackRock says it is seeing growing interest in Bitcoin ETFs from institutional players like sovereign wealth funds and pension funds.
This comes after a hugely successful debut for BlackRock's Bitcoin ETF, iShares IBIT, which was approved by the Securities and Exchange Commission earlier this year.
BREAKING: Blackrock says “Sovereign wealth funds, pension funds and endowments” are coming to #Bitcoin
Institutions are coming big time
