
Blackrock, the biggest asset manager in the world, just joined the conversation by launching a spot Bitcoin private trust to give its institutional clients in the U.S. direct access to the most popular cryptocurrency in the world.
The $10T behemoth says that some of its institutional clients are still “substantially interested” in getting access to crypto markets, even though the markets have been volatile.
Blackrock says it is also looking into “permissioned blockchains, stablecoins, cryptoassets, and tokenization.”