Why is Blackrock entering Crypto? A HUGE deal that shouldn’t be disregarded (04/2024)

BlackRock, the worlds largest money manager, reported record assets under management of a whopping $10.5 trillion and a 36% year-on-year increase in net income to $1.57 billion.

The worlds financial heavyweight, BlackRock, has officially entered the crypto market! With a whopping $8 trillion in assets under management, theyre not here to play small. They have filed for a Bitcoin Fund and are diving into the dip headfirst.

Why is this such a big deal, you ask? BlackRocks entry into the crypto market is a massive endorsement of the legitimacy and potential of digital assets. Its like getting a seal of approval from the king of the financial world. With BlackRock on board, we can expect mainstream adoption of cryptocurrencies to skyrocket.

But thats not all! BlackRocks deep pockets and extensive network mean more capital flowing into the crypto industry. Thats more resources, more innovation, and more excitement for all of us.

Whats even better is that BlackRock brings a level of professionalism and regulatory compliance to the table. Their stringent risk management practices will likely lead to increased regulations and oversight in the industry. Its a win-win situation, ensuring investor protection and the long-term growth of the crypto market.

About ECEBiS

At ECEBiS you are going to understand what will change the trajectory of the financial industry. You will develop a transversal view on the forces that are shaping the future financial industry.

From payments and lending to investment and money management, tech providers are actively shaping the future of the financial landscape - even pushing the boundaries of currency itself. You might evaluate the impact of robo-advising on health management and examine portfolio recommendations from a diversified set of RAs and attempt to identify the factors behind proposed splits between asset classes.

ECEBiS is a platform in academic research on new business models and innovative products. We investigate in fast moving sectors that are reshaping the financial world of tomorrow and pioneering new ways of doing business. We want to attract outstanding ECEBiS students in finance with experiences and exposures, who intend to

Doctorate of Business Administration (DBA) in Finance (online, 3 years part-time)
  • develop knowledge on challenges that shape the future of financial industry

  • engage with a program that offers the convenience of online learning with the benefits of accreditation and global reach.

  • raise awareness on the importance of fintech and sustainability in finance

  • identify the best practices in the financial industry to spread positive changes

  • Go beyond the virtual classroom and network with other ambitious executives and entrepreneurs as you expand your credibility and expertise in the world’s most transformative fields.