BlackRock, a leading global asset management company, has further expanded its influence in the cryptocurrency space by launching Bitcoin and Ethereum exchange-traded funds (ETFs).
Recently, the company also released an in-depth Bitcoin research report, detailing the importance of Bitcoin and its far-reaching impact on the global financial landscape.
Bitcoin's Innovation and Value
The paper, co-authored by BlackRock's key executives (Samara Cohen, Chief Investment Officer of ETFs and Index Investments, Robert Mitchnick, Head of Digital Assets, and Russell Brownback, Head of Global Macro Positioning of Fixed Income), describes Bitcoin as the first Internet-native monetary instrument to achieve widespread global adoption.