Advertisement
The Breakdown With NLW Episode

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

As BlackRock gets ready to make its first foray into bitcoin, innovation-focused ARK ETF flows surpass that of BlackRock.

Listen or watch all the new CoinDesk podcast episodes wherever you want.
Cast BoxiHeartiTunesPocket CastsRSSRadio PublicSpotify

ABOUT

[@portabletext/react] Unknown block type "iframe", specify a component for it in the `components.types` prop

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.

Download this episode

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 the firm'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

See also: BlackRock Gives 2 Funds Go-Ahead to Invest in Bitcoin Futures

Image credit: Stephanie Keith/Getty Images News

HOST

Nathaniel Whittemore

NLW is an independent strategy and communications consultant for leading crypto companies as well as host of The Breakdown – the fastest-growing podcast in crypto. Whittemore has been a VC with Learn Capital, was on the founding team of Change.org, and founded a program design center at his alma mater Northwestern University that helped inspire the largest donation in the school’s history.

Nathaniel Whittemore
Why the World's Largest Asset Manager Is Getting Into Bitcoin