Assets BlackRock that is giant has “started to dabble” in the bitcoin (BTC, +0.59%) market, according to regulatory filings posted Wednesday.
A source acquainted with the situation told us the asset supervisor held $6.5 million in CME bitcoin futures contracts earlier in the day in 2010. Those contracts had valued $360,457 on reporting day, according to documents evaluated.
The holdings represented 0.03% of BlackRock’s massive Allocation that is international investment reporting day Jan. 31 – “very little,” the source stated. (increases in size represent simply 0.0014%.) BlackRock’s original 37 agreements expired on March 26.