BlackRock, the world's largest asset management company with over $10.5 trillion in assets under management, has unveiled a series of educational content aimed at explaining Bitcoin, the Bitcoin halving and its implications, as well as as a preview of its approved spot Bitcoin ETF.
“April is filled with rare events this year, with eyes on the upcoming Bitcoin halving – a unique process that only happens every 4 years,” said Jay Jacobs, head of U.S. Thematic and active ETFs at BlackRock. “Tune in below to learn how this affects the value of Bitcoin and to learn more about investing in Bitcoin ETFs.”
JUST IN: BlackRock launches educational program #Bitcoin video.
– Bitcoin Magazine (@BitcoinMagazine) April 17, 2024
In a series of four videos, available on the official BlackRock website website, the asset manager discusses the fundamental aspects of Bitcoin as an investment, addressing common questions and concerns for investors looking to understand and navigate the Bitcoin landscape. Topics covered include the underlying technology of Bitcoin, its role in investment portfolios, the security of Bitcoin, and the significance of events such as the Bitcoin halving.
“Bitcoin is the world’s most recognized and widely adopted cryptocurrency – and the first form of internet-native currency to achieve widespread global adoption,” BlackRock said on its webpage. “Bitcoin enables peer-to-peer transactions outside of central intermediaries like banks.”
With the recent approval of its spot Bitcoin ETF, $IBIT, BlackRock's education initiative aims to capitalize on the growing mainstream acceptance and interest in Bitcoin, highlighting the importance of education and informed decision-making for new classes of investors entering this market. The ETF provides exposure to Bitcoin's price movements without requiring direct ownership of the digital asset, aimed at more traditional investors looking for diversified investment opportunities.