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
Thailand seizes 63 illegal crypto mining rigs that stole over $327k in electricity
Crypto Sniper Incurs $465K in Losses on $XZY Token within 1 Hour
Expert Says Holding Just 1,000 XRP Could Be the Best Financial Decision of Your Lifetime
Chinese Analyst Assesses Ethereum’s Status, Says “Whales Have Run Out of Purchasing Power” – Here’s What He Expects
Chinese cryptocurrency analyst phenomenon Murphy evaluated the latest status of Ethereum in his statement. Here are the details.
Trending news
MoreCrypto prices
More








