Analysts expect BlackRock to also explore other cryptocurrencies beyond bitcoin

BlackRock is diving headfirst into cryptocurrencies, including a new spot bitcoin private trust for institutional investors.

The trust is available to US institutional clients, the investment firm said on 11 August. BlackRock didn't disclose other details, including fees or minimum investment requirements.

BlackRock is diving into crypto with a bitcoin private trust — here’s what investors need to know

Sabrina Escobar 

BlackRock

Grayscale Bitcoin Trust

ARK Innovation ETF

Coinbase Global

Morgan Stanley

Currencies

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