BlackRock, synonymous with global asset management, is an American multinational investment management corporation based in New York City.
BlackRock may have just reopened the case for earning yield in crypto, reframing ETH as yield plus price exposure.
The diversified fund held 1,000,808 IBIT shares valued at $66.4 million as of July 31, up from 723,332 shares on Apr. 30.
Designed to leverage Bitcoin's volatility, BlackRock's covered-call fund could disrupt the crypto ETF market.
BlackRock is a global investment management firm and one of the largest asset managers in the world, with a growing presence in digital assets and blockchain related financial products.
