what is Black Rock and crypto ?
BlackRock’s relationship with crypto centers mainly on Bitcoin adoption through regulated investment products. As the world’s largest asset manager, BlackRock entered the crypto market by launching the iShares Bitcoin Trust (IBIT) spot ETF, which allows investors to gain exposure to Bitcoin through the traditional stock market without directly holding coins. When people buy shares of this ETF, BlackRock purchases real Bitcoin on their behalf, so ETF inflows often increase demand and can push prices higher. BlackRock’s involvement has brought institutional credibility to crypto, encouraging banks, pension funds, and large investors to participate in a market that was once dominated by retail traders. However, some crypto supporters worry that such a powerful institution could reduce Bitcoin’s decentralized spirit by concentrating too much influence in Wall Street hands.