BlackRock Applies to Include Bitcoin ETF Exposure in its $36 Billion Investment Fund – Revealing Vulnerable Positions

BlackRock Applies to Include Bitcoin ETF Exposure in its $36 Billion Investment Fund - Revealing Vulnerable Positions

BlackRock Applies to Include Bitcoin ETF Exposure in its $36 Billion Investment Fund - Revealing Vulnerable Positions

According to information shared by the MacroScope account on X, asset management company BlackRock has submitted an application to the US Securities and Exchange Commission (SEC) to include exposure to a Bitcoin ETF in its own investment fund, the BlackRock Strategic Income Opportunities Fund (BSIIX).

It is reported that the BlackRock Strategic Income Opportunities Fund is a flexible bond strategy aimed at providing investors with attractive income, returns, and meaningful diversification in their investment portfolios.

The fund currently has a size of up to $36.5 billion, with government agency residential mortgages, non-US credit, and emerging market debt accounting for over 40% of the fund.

On the other hand, according to information shared by Bloomberg analyst Eric Balchunas, as Bitcoin approaches its historical high, BlackRock’s Bitcoin spot ETF – IBIT, achieved an astonishing trading volume of $2.4 billion yesterday. At the same time, the fund’s assets under management also surpassed $11 billion.