BlackRock has filed a prospectus with the SEC, aiming to add new Bitcoin ETFs to its Strategic Income Opportunities Fund.
This plan includes investments in Bitcoin alongside other offerings, emphasizing the inherent risks and potential fees involved.
The SEC’s approval of 11 spot Bitcoin ETFs in January has seen a surge in popularity for these investment products.
BlackRock’s move reflects the growing interest in cryptocurrency investments among traditional financial firms, despite the risks highlighted in their filing.
For more details, you can read the full article on Decrypt. Here
