BlackRock seeks to shield bitcoin investors from losses after rival fund weathers 50% crash
Summary
BlackRock has applied to launch a new investment fund designed to protect crypto buyers from severe market drops. This product follows similar offerings from a competing firm that successfully sheltered participants from a major digital asset crash.
BlackRock's proposed fund follows similar products from Calamos that helped investors avoid steep losses during bitcoin's selloff.
Source: Read the full story at CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data
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