Report suggests BlackRock has ‘no current plans’ to launch crypto ETF as deadline for VanEck’s offering approaches -Breaking
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BlackRock (NYSE:) Financial Management’s global head of iShares and index investments said the financial firm will likely not be launching exchange-traded funds (ETFs) linked to crypto assets anytime soon.
Financial News reports that BlackRock’s executive Salim Ramji was fired Friday. the firm with $9.5 trillion in assets under management has “no current plans” to launch a cryptocurrency exchange-traded fund until there was additional regulatory clarity in the United States. BlackRock is unlikely to become the largest investor in crypto-related investments, said he. However, the firm should exercise due diligence.
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