🚀 Blackstone Makes Its First Investment In Bitcoin ETF
Blackstone Group has announced that it purchased $1.08 million in BlackRock Spot Bitcoin ETF (IBIT) — their first public crypto investment.
Although it is a small amount compared to total assets of over $1 trillion, this move shows Blackstone's cautious interest in the cryptocurrency sector.
This is a small step but carries significant meaning, indicating that crypto is gradually being accepted in the traditional financial world.
