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.
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