News

BlackRock has begun to ‘dabble’ in bitcoin because investors are hunting for ‘storehouses of value,’ according to fixed-income boss Rick Rieder

BlackRock said it has begun to “dabble” in bitcoin because investors are hunting for storehouses of value. Bitcoin smashed through an all-time high of $US52,000 on Wednesday, extending year-to-date gains to 78%. Rick Rieder told CNBC the extent of exposure to bitcoin depends on the composition of an investor’s portfolio. […]
BlackRock has begun to ‘dabble’ in bitcoin because investors are hunting for ‘storehouses of value,’ according to fixed-income boss Rick Rieder
Next Page »