Described as one of the technologies of the future, cryptocurrencies come up with new news every day. While the cryptocurrency exchange has been experiencing major declines lately, moves continue to come from many giant companies. Now the giant US-based investment management company from BlackRock a Bitcoin (BTC) move has come.

The company, which is the largest in its field in the world, opened the cryptocurrency exchange on August 4 to enable institutional investors to invest in cryptocurrencies. Coinbase decided to partner with It was stated that this partnership will primarily cover only the leading cryptocurrency Bitcoin. BlackRock is now on the move to allow US institutional clients to invest in spot BTC. special fund started.

Huge demand for Bitcoin from customers

This fund was registered as the first service of the company, which reportedly manages nearly $10 trillion in assets, to invest directly in Bitcoin. In addition, despite the stock market decline, the company is able to provide its customers with access to these technologies. they get a lot of requests He also added to his comments.

In addition, BlackRock emphasized that Bitcoin is the oldest and largest crypto asset, noting that it is the primary interest of its customers. In addition, the company noted that they are investigating the sustainability issue in BTC mining. blockchain, stablecoin, crypto assets He also stated that they are investigating issues that will benefit their customers, such as:

The launch of the BlackRock fund enabled the continuation of Bitcoin’s recent surge. The leading cryptocurrency has hit its all-time high in recent times, reaching around $24,800 after the statements. Bitcoin, at the time of writing 24,490 traded in dollars.