{"id":35093,"date":"2021-01-20T21:57:04","date_gmt":"2021-01-20T19:57:04","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=35093"},"modified":"2025-08-28T23:41:19","modified_gmt":"2025-08-28T20:41:19","slug":"blackrock-with-7-8-trillion-in-assets-to-enter-bitcoin-futures-market","status":"publish","type":"post","link":"https:\/\/u1f987.com\/en\/blackrock-with-7-8-trillion-in-assets-to-enter-bitcoin-futures-market\/","title":{"rendered":"BlackRock, with $7.8 trillion in assets, to enter bitcoin futures market"},"content":{"rendered":"<p>The world&#8217;s largest asset manager BlackRock has said that two of its funds may trade bitcoin futures. This follows from documents filed with the U.S. Securities and Exchange Commission (SEC).<\/p>\n<p><!--more--><\/p>\n<blockquote class=\"twitter-tweet\">\n<p dir=\"ltr\" lang=\"en\">BlackRock just filed documents with the SEC that contain extensive discussion of Bitcoin. Excerpt: \u00abCertain Funds may engage in futures contracts based on bitcoin.\u00bb<\/p>\n<p>This appears to be the first time BlackRock has made such mentions.<\/p>\n<p>Link to filings:<a href=\"https:\/\/t.co\/qREGtJjIov\">https:\/\/t.co\/qREGtJjIov<\/a><\/p>\n<p>\u2014 MacroScope (@MacroScope17) <a href=\"https:\/\/twitter.com\/MacroScope17\/status\/1351952782241243140?ref_src=twsrc%5Etfw\">January 20, 2021<\/a><\/p>\n<\/blockquote>\n<p><script async=\"\" src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>The matter concerns BlackRock Funds V and BlackRock Global Allocation Fund. As Decrypt writes, the latter manages $16 million, and last year its ROI stood at 19.72%. About 70% of the fund was invested in corporate and government securities.<\/p>\n<p>According to the documents, the funds may trade only cash-settled futures on commodity exchanges registered with the Commodity Futures Trading Commission (CFTC).<\/p>\n<p>BlackRock noted regulatory risks and relatively low liquidity of bitcoin futures.<\/p>\n<p>BlackRock has assets of about $7.8 trillion under management.<\/p>\n<p>Back in 2018, BlackRock CEO Larry Fink said that cryptocurrencies did not interest his clients, but two years later, in 2020, he suggested that <a href=\"https:\/\/u1f987.com\/en\/news\/blackrock-ceo-larry-fink-sees-bitcoin-as-a-global-market-asset\">the cryptocurrency market would become global<\/a>.<\/p>\n<p>In November 2020, BlackRock&#8217;s Chief Investment Officer Rick Rieder <a href=\"https:\/\/u1f987.com\/en\/news\/blackrock-bitcoin-could-replace-gold\">recognised the advantages of Bitcoin over gold<\/a>.<\/p>\n<p>Towards the end of the year, the company <a href=\"https:\/\/u1f987.com\/en\/news\/blackrock-posts-vice-president-vacancy-in-blockchain\">posted a vacancy for a Vice President of blockchain<\/a>.<\/p>\n<p>Follow ForkLog news on Telegram: <a href=\"https:\/\/t.me\/forklogfeed\" target=\"_blank\" rel=\"nofollow noopener noreferrer\">ForkLog Feed<\/a> \u2014 full news feed, <a href=\"https:\/\/telegram.me\/forklog\" target=\"_blank\" rel=\"nofollow noopener noreferrer\">ForkLog<\/a> \u2014 the most important news and polls.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The world&#8217;s largest asset manager BlackRock has admitted that two of its funds may trade bitcoin futures. This follows from documents filed with the U.S. Securities and Exchange Commission (SEC).<\/p>\n","protected":false},"author":1,"featured_media":35094,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"1","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[865,1168],"class_list":["post-35093","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-blackrock","tag-crypto-derivatives"],"aioseo_notices":[],"amp_enabled":true,"views":"18","promo_type":"1","layout_type":"1","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/35093","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/comments?post=35093"}],"version-history":[{"count":1,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/35093\/revisions"}],"predecessor-version":[{"id":35095,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/35093\/revisions\/35095"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media\/35094"}],"wp:attachment":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media?parent=35093"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/categories?post=35093"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/tags?post=35093"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}