BlackRock’s Been Buying Bitcoin Futures

As reported by Forbes -- We heard before that BlackRock was "dabbling in bitcoin.” After an SEC filing earlier this week it became clear that they held 37 futures contract from the CME that expired at the end of March. It’s safe to assume this was just a test run, one in which they made a little over $360k. BlackRock happens to be the world’s largest asset manager with over $8 trillion under management.