A recent filing with the US Securities and Exchange Commission (SEC) has revealed that the world’s largest asset management company has allowed two of its top funds to invest in Bitcoin.
As stated in a by InsideBitcoins, BlackRock Funds V and BlackRock Global Allocation Fund Inc. can now invest in Bitcoin derivatives. Now, these funds can access credit events, indices, interest rates, commodities, and currencies.
In a statement, the asset manager, which has more than $8 trillion in assets under management, said:
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