"In the aftermath of the bankruptcy of Silicon Valley Bank (SVB), virtual currency emerged as an alternative to existing currencyIt has surpassed $30,000 in more than two months since Bitcoin soared to $31,000 in April."
Bitcoin Surges Against Everyone's Expectations!!There is a company called BlackRock in the background and the reason! What is black rock?BlackRock is a global asset management company. Founded in 1988, it is currently the world's largest asset management company, operating about $10 trillion in assets. BlackRock offers a wide range of investment products and services to global investors and serves a wide range of customers, including institutional investors, individual investors, and government agencies.BlackRock has established networks around the world, operating and investing in almost every major financial market. Their main business is to build and operate portfolios across different asset classes, including stocks, bonds, cash, and alternative assets. This provides a customized investment solution that takes account of your investment goals and preferences.BlackRock is known for their way of operating and investing. They mainly include index investments, quantitative investments, alternative investments by investors, and operations on traditional asset types such as stocks and bonds. BlackRock also focuses on how environmental, social, and governance (ESG) standards are applied and sustainable investment.BlackRock is a world-famous company and has a very large influence in the financial market. Their opinions and advice can have a huge impact on the investment community. Thus, BlackRock's investment trends and decision-making can have an impact on shaping predictions and perceptions of stock and financial markets as a whole.As of September 2021, BlackRock was operating approximately $10 trillion worth of assets. This is one of the reasons why BlackRock is recognized as the world's largest asset management company. They operate in a wide range of investors and financial markets around the world, dealing with and operating large-scale assets.The size of BlackRock's assets can fluctuate over time. Investment returns or losses, changes in market conditions, and investor flows can affect asset size. Therefore, it is best to refer to BlackRock's official website or financial reports for the latest information.The current Chief Executive Officer of BlackRock is Larry Fink. Larry Panda co-founded BlackRock in 1988, and has since grown the company into what is now a global asset management company. He is known for his valuable experience and knowledge in the financial industry and is leading BlackRock's strategy and direction.BlackRock's official website address is as follows: https://www.blackrock.com/Home | Black RockVendors requesting information related to the European Financial Instruments Investment Guidelines 2 (MiFID II) applicable market should contact BlackRock Asset Management.www.blackrock.comThe devastating surge in Bitcoin!!Fire place, fire place, fire!Following BlackRock, other large asset managers are also applying for Bitcoin spot exchange-traded fundsIt's driving up the price of Bitcoin!! BlackRock has applied to the U.S. Securities and Exchange Commission to list Bitcoin spot ETF (iShares Bitcoin Trust). Other operators are also known to be considering listening to the listing. As asset management companies such as BlackRock focus on cryptocurrency, expectations have grown that various approvals may be obtained. I'm also looking forward to itI'm looking forward to how much higher it will go!!
