The most active assets manager with a balance sheet of $7.81 trillion under management, remarkably BlackRock gave the green light to at least two of it’s funds to invest into Bitcoin futures.
These official documents filed with the U.S Securities and Exchange Wednesday gave the whole Crypto community gestures that a enormous whale(BlackRock) most likely will enter the Altcoins and Bitcoin community.
BlackRock didn’t announce which commodity exchange will have the honor to purchase Bitcoin’s futures. At the moment CME remains the only exchange to be registered with the Commodity Futures Trading Commission ( CFTC ) CME will allow cash-settled Bitcoin’s futures.
Preferably if your new to Bitcoin or Bitcoin’s futures a risk of illiquidity due to BlackRock pretty much being new to the Crypto Currency market. Regulatory changes will be coming soon as we all know, also the volatility market.
Catering to your own due diligence will benefit you the most, before you believe that this can be a risk to you or contact us on here or Twitter.
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