BlackRock: Bitcoin is the most interesting object for our clients in the encryption field

[BlackRock: Bitcoin is the object of most interest to our clients in the field of encryption] Golden Finance reported that asset management BlackRock said that Bitcoin is the object of greatest interest to our clients in the field of encryption.

Jinse Finance previously reported that BlackRock has launched a private trust to provide spot bitcoin exposure to U.S. institutional clients. The trust will be offered to institutional clients in the U.S. and will be BlackRock's first product to provide direct exposure to the price of bitcoin.

Other news:

BlackRock Chief Investment Officer expects the Fed to raise interest rates twice: On July 28th, BlackRock Managing Director and BlackRock Global Fixed Income Chief Investment Officer (CIO) Rick Rieder told CNBC that he expects the Fed to raise interest rates on Wednesday After the 0.75 percentage point hike, two more rate hikes are likely. He said: "I think that means you will see 50 basis points in September, they may raise interest rates by 25 basis points, I think that is the case. The data speaks for itself. The key is to look at what the Fed did, not what did they say". [2022/7/28 2:42:35]

BlackRock, the world's largest asset management company, hit a new high: in the first quarter of this year, the inflow of funds into global exchange-traded funds (ETFs) hit a record high, and the scale of the world's largest asset management company soared 40% a year. Data show that as of the first quarter of this year, BlackRock, the world's largest asset management company, reached a new record of US$9 trillion. The asset management giant has recovered from the shock of the new crown epidemic and achieved faster growth. A year ago, in the first quarter of 2020, its asset size fell by about 13% to 6.47 trillion US dollars in a single quarter, but only one year later, its asset size soared 39.3% and exceeded the 9 trillion US dollar mark for the first time. (China Fund News) [2021/4/25 20:57:31]

BlackRock: A global regulatory framework for digital currencies may emerge at the G20 meeting in March: According to CNBC, Richard Turnill, chief investment strategist at BlackRock, pointed out in a report on Monday that he does not think digital currencies will become mainstream anytime soon part of an investment portfolio, but digital currencies may gain wider adoption in the future as the market matures. Blockchain technology will require a "mass migration" in software development to gain widespread adoption, and regulators are likely to play a major role in the process. Turnill also expects that a global regulatory framework for digital currencies will be established in the future, which may emerge from the G20 meeting in March. [2018/2/27]