Blackrock’s customers, the world’s largest asset manager, continue to accumulate crypto despite the turbulent environment. On the other hand, Deribit made a decision that would upset Russian investors. The agenda of the agenda in crypto currencies is dizzying and hill rising. What’s going on?
Blackrock Crypto Money News
According to Bloomberg, more than 10 trillion dollars of customer existence Blackrock Crypto money ETP will start in Europe. The largest Bitcoin with IBIT ETF, which was initiated at the beginning of last year, the world’s largest asset management company $97,645.2 ETF exporter. Blackrock is now preparing to export BTC ETF -linked stock market investment product for Europe.
According to Bloomberg, the new product that will be Switzerland -based IBIT ETFwill watch. Blackrock’s Ishares Bitcoin Trust ETF holds a BTC of about $ 57 billion.
Although more than 160 crypto -oriented products in Europe in Europe, the total size of $ 17.3 billion remains extremely weak compared to the US market. Perhaps with the support of Blackrock, the required interest in crypto currencies in the EU region.
Bloomberg ETF analyst James Seyffart evaluated rumors and wrote the following;
“The cunning methods they use in Canada may not be allowed in Europe. It is also possible to launch an independent product. I am not sure.”
Russia and Deribit
Crypto currency The stock market Deribit withdrew from Russia due to EU sanctions. According to TASS, Deribit will not serve the citizens here due to EU sanctions. The Netherlands -based company has to comply with sanction decisions as it is located in the European economic field.
Derı Due to EU sanctions imposed on Russia, Deribit cannot serve as customers as a customer except for some exceptions to Russian citizens and those who reside in Russia. Since Deribit is the mother company of Dutch, these EU sanctions apply to us. ”
If they are a citizen of a member of the European Economic Area or Switzerland, users will continue to operate on the platform. The Russians, who are a citizen of the UAE simultaneously, will not be able to use the stock market.
BTC price The article is located at 97,400 dollars at the time of preparation and continues the day with a loss of close to 2 %.
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Responsibility Rejection: The information contained in this article does not contain investment advice. Investors should be aware that crypto currencies carry high volatility and thus risk and carry out their operations in line with their own research.