BlackRock launches spot Bitcoin private trust

[troubled soul]

BlackRock launches spot Bitcoin private trust

The move comes as the world's largest asset manager has seen "substantial interest" from some institutional clients despite the digital asset market's recent downturn.

www.foxbusiness.com

 

[GeneralGogol]

Big asset managers will open a fund with exposure to donkey poop if there were fees in it to be made

 

[Martin Everson]

Big asset managers will open a fund with exposure to donkey poop if there were fees in it to be made

Exactly. They look at the numbers and if hugely profitable they start handing out shovels to their fund managers to get to work.