Category: blackrock bitcoin

Breaking: World’s Largest Asset Manager Sees Huge Opportunities in “Cryptocurrencies”

The CEO of the world’s largest asset manager Blackrock in a recent interview with CNBC said that he sees huge opportunities in digitized crypto blockchain currencies. During the interview, Larry Fink said, even though he doesn’t understand much about Bitcoin so can’t predict the price, but he believes that the digital currency market has huge […]

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CEO of World’s Largest Asset Manager Says Bitcoin Would Go Up Significantly

Blackrock CEO, Rick Rieder stated in his recent interview with SquawkBox that the reason he owns Bitcoin is because of his belief that volatile assets possess a positive convexity. Furthermore, he predicted against the current fall in BTC prices as a temporary short, and that he expects the prices to hike significantly in foreseeable future. […]

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World’s Largest Asset Manager Blackrock: Cryptocurrency Could Become a ‘Great Asset Class’

The CEO of Blackrock, the world’s largest asset manager, says that he is fascinated by cryptocurrency, believing that it could become a “great asset class.” However, he said that Blackrock has not received many inquiries from its institutional clients about having bitcoin in their portfolios. Blackrock’s CEO ‘Fascinated’ About Crypto Following Coinbase’s IPO via a […]

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Blackrock Executive Says Gold Now Less Effective Hedge Against Inflation

A portfolio manager and member of Blackrock’s Global Allocation Fund says gold is now a less effective hedge against inflation as well as moves in other assets such as stocks. In comments that appear to undercut the precious metal’s renowned status, Russ Koesterich claims that “gold’s ability to hedge against inflation has been somewhat exaggerated.” […]

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World’s Largest Asset Manager Blackrock Enters Bitcoin Space — Discusses What’s Driving Up BTC Price

The world’s largest asset manager with almost $9 trillion in assets under management, Blackrock, has started investing in bitcoin. Sharing his view on what’s driving up the price of the cryptocurrency, the firm’s chief investment officer says the technology and the regulation have evolved to where people find bitcoin should be part of their portfolios. […]

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BlackRock Managing Director Says They Have Started to Dabble in Bitcoin

BlackRock chief investment officer Rick Rieder today on CNBC said that their firm has started to dabble into Bitcoin just days after America’s oldest custody bank BNY Mellon announced Bitcoin and crypto custody service. During the interview, Rieder said that the technology of Bitcoin has evolved to a point where asset managers and investors think […]

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World’s Largest Asset Manager Blackrock to Invest in Bitcoin Futures

World’s Largest Asset Manager Blackrock to Invest in Bitcoin Futures

Blackrock, the world’s largest asset manager with $7.81 trillion under management, is getting into bitcoin. The firm has filed with the U.S. Securities and Exchange Commission (SEC) for two of its funds to invest in bitcoin futures. Blackrock Gets Into Bitcoin Blackrock filed two “statements of additional information” with the SEC on Wednesday. One was […]

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Blackrock CEO Larry Fink: Bitcoin Makes US Dollar Less Relevant, Can Evolve Into a Global Market

Blackrock CEO Larry Fink: Bitcoin Makes US Dollar Less Relevant, Can Evolve Into a Global Market

The CEO of Blackrock, the world’s largest asset manager, said that bitcoin “can evolve into a global market.” Moreover, the cryptocurrency has a “real impact on the U.S. dollar,” making the need for the USD “less relevant.” Bitcoin Evolving Into a Global Market Blackrock CEO Larry Fink made some bullish statements about bitcoin in a […]

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Blackrock CIO: Cryptocurrency Is Here to Stay, Bitcoin Could Replace Gold

Blackrock CIO: Cryptocurrency Is Here to Stay, Bitcoin Could Replace Gold

Blackrock’s Chief Investment Officer, Rick Rieder, said cryptocurrency, including bitcoin, “is here to stay.” In addition, he said bitcoin is a durable mechanism that could replace gold. Blackrock on Bitcoin and Gold Rick Rieder, Blackrock’s Chief Investment Officer (CIO) of Global Fixed Income, talked about bitcoin replacing gold in an interview with CNBC’s Squawk Box […]

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