BlackRock, a leading global asset management firm, is actively seeking regulatory approval to expand its investment offerings to include Bitcoin-related products. The firm has submitted a prospectus to the U.S. Securities and Exchange Commission (SEC) for a new Strategic Income Opportunities Portfolio, which will focus on high-yield bonds, international debt, and potentially a new Bitcoin ETF, named the iShares Bitcoin Trust. Additionally, BlackRock plans to incorporate spot Bitcoin ETFs into its $18 billion AUM Global Allocation Fund (MALOX), which has historically gained Bitcoin exposure through futures contracts. This move will allow BlackRock mutual funds to directly purchase Bitcoin ETFs, marking a significant shift in the firm's strategy towards cryptocurrency investments.