$BTC $ETH BlackRock, a leading global investment management firm, has taken significant steps to manage risks associated with Bitcoin investments. In this endeavor, they have utilized Coinbase as the custodian for Bitcoin products they intend to issue as ETFs.
Additionally, BlackRock is developing a comprehensive risk management strategy for their Bitcoin ETF products, although specific details have not been openly disclosed.
The company has also forged integrations with technology and global institutions and integrated with popular crypto exchanges like Coinbase.
Furthermore, they have filed applications to establish Ethereum ETFs, offering an additional risk management strategy for crypto investments. BlackRock has also expressed intentions to release reports on crypto investments, aiding investors in risk management.
Moreover, BlackRock has identified the optimal portion of Bitcoin in investor portfolios at 84.9%, indicating their confidence in Bitcoin's long-term potential.
However,
