
BlackRock, a major asset manager, anticipates that the next wave of buyers for Bitcoin exchange-traded funds (ETFs) will include large institutions such as sovereign wealth funds, pension funds, and endowments. Despite a recent decrease in inflows into spot Bitcoin ETFs, BlackRock foresees a resurgence in interest from institutional investors.
BlackRock, $BLK, sees sovereign wealth funds, pensions coming to Bitcoin ETFs, per CoinDesk.
.@BlackRock sees sovereign wealth funds, pensions coming to Bitcoin ETFs. https://t.co/iqDvQ8zgxM https://t.co/8x7JAtlqgR
🚨BREAKING🚨 BLACKROCK'S HEAD OF DIGITAL ASSETS ROBERT MITCHNICK HAVE SAID IN AN INTERVIEW, THAT THE SOVEREIGN WEALTH FUNDS, PENSION FUNDS & ENDOWMENTS WILL BEGIN TRADING BITCOIN ETFs IN THE COMING MONTHS. THIS IS BULLISH 🔥 https://t.co/BZNb2FQfAX
