BlackRock files for Bitcoin ETF exposure in Global Allocation Fund

According to PANews, a public regulatory filing revealed that BlackRock has applied to the U.S. Securities and Exchange Commission (SEC) to add Bitcoin spot ETF exposure to its Global Allocation Fund. The document states: 'The Fund may purchase shares of Bitcoin exchange-traded products (ETPs), including Bitcoin ETPs managed and issued by BlackRock affiliates.' Earlier this week, BlackRock also filed with the SEC to add Bitcoin to its Strategic Income Opportunities Portfolio.