BREAKDOWN: Why the World's Largest Asset Manager Is Getting Into Bitcoin

As BlackRock gets ready to make its first foray into bitcoin, innovation-focused ARK ETF flows surpass that of BlackRock.

This episode is sponsored by Nexo.io.

Today on the Brief:

• A new SPAC exchange-traded fund with bitcoin-experienced leadership
• First look at Brian Brooks’ possible replacement at OCC
• What to expect from institutional bitcoin price targets in the coming weeks

Our main discussion: BlackRock comes to bitcoin. 

BlackRock filings with the SEC suggest two funds might buy bitcoin futures. In this episode, NLW looks at:

• The signs leading up to BlackRock’s interest
• Why BlackRock’s CIO thinks bitcoin will out-compete gold for millennial investors 
• How ARK ETFs are seeing startling fund flows, causing larger market FOMO around innovation

-

Earn up to 12% APY on Bitcoin, Ethereum, USD, EUR, GBP, Stablecoins & more. Get started at nexo.io.

-

Image credit: Stephanie Keith/Getty Images News

See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.