BlackRock files with SEC to add Bitcoin exposure to its Strategic Income Opportunities Fund
According to official documents from the US SEC, BlackRock has submitted a file to the SEC requesting to add exposure to a Bitcoin ETF to its Strategic Income Opportunities Fund (BSIIX) portfolio.The file states: "The Fund may purchase shares of exchange-traded products (ETPs) that are designed to track the price and performance of bitcoin, such as the bitcoin ETP shares issued and managed by affiliated companies of BlackRock."It is reported that the BSIIX fund has a total size of $36.5 billion, and as of March 1, the net asset value of its share class totaled $24.2 billion. The fund typically invests in fixed income securities and other market sectors under specific conditions.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Solana’s New Inflation Overhaul Proposal Fails, Stakeholders Say Vote Signals Strong Community Engagement
A proposal to revamp Solana’s inflation system has been rejected by stakeholders, yet it is being celebrated as a milestone for the network’s governance.

Telegram Founder's Departure Triggers 67% Spike in Toncoin Trading
XRP Price Surges Against Ether, Fueling Speculation of Market Cap Flip
Trending news
MoreCrypto prices
More








