Details about BlackRock's involvement with cryptocurrency ¹:

- Bitcoin transactions: Bitcoin transactions are sent using blockchain technology, which allows it to be sent between any two parties without requiring a bank.

- Global: Send payment regardless of location with no currency conversion needed.

- Scarce: Supply is fixed at 21 million bitcoin.

- Secure: Transactions are publicly recorded on blockchain.

- iShares Bitcoin Trust (IBIT): Access to ease of investing. Unlike direct investing in bitcoin, which requires setting up an account with a crypto exchange, you can buy IBIT in your existing brokerage accounts like any other ETF.

- Convenience: Direct bitcoin exposure, without the operational burden. IBIT can help eliminate the logistical challenges, the potentially high trading costs and the tax reporting complexities of holding bitcoin directly.

- Quality: BlackRock & Coinbase integration. A comprehensive integration between BlackRock’s Aladdin® operating platform and Coinbase’s leading crypto exchange designed to help minimize tracking error and expenses.

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