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.
IBIT currently holds nearly 20% of all Bitcoin holdings listed, but public companies prepare to acquire more BTC and shake the supply distribution.
In addition to the significant inflows, recent data shows that institutional interest surpassed $1 billion in the first quarter.
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.
