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BREAKDOWN: Why the World's Largest Asset Manager Is Getting Into Bitcoin

Author
CoinDesk
Published
Thu 21 Jan 2021
Episode Link
https://www.coindesk.com/podcasts/the-breakdown-with-nlw/largest-asset-manager-blackrock-bitcoin-ark

As BlackRock gets ready to make its first foray into bitcoin, innovation-focused ARK ETF flows surpass that of BlackRock.
This episode is sponsored by Nexo.io.
Today on the Brief:

A new SPAC exchange-traded fund with bitcoin-experienced leadership

First look at Brian Brooks’ possible replacement at OCC

What to expect from institutional bitcoin price targets in the coming weeks

Our main discussion: BlackRock comes to bitcoin. 
BlackRock filings with the SEC suggest two funds might buy bitcoin futures. In this episode, NLW looks at:

The signs leading up to BlackRock’s interest

Why BlackRock’s CIO thinks bitcoin will out-compete gold for millennial investors 

How ARK ETFs are seeing startling fund flows, causing larger market FOMO around innovation

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Earn up to 12% APY on Bitcoin, Ethereum, USD, EUR, GBP, Stablecoins & more. Get started at nexo.io.
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Image credit: Stephanie Keith/Getty Images News
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