Read more about. BlackRock is not solely a hedge fund. Along comes BALD, which just zoomed higher for no good reason.
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Read MoreThe company was founded in by Barry Silbert and operates as a parent company to various subsidiaries, including Grayscale Investments, Genesis Global Trading, and CoinDesk. BlackRock is not solely a hedge fund. Recently, the interest in cryptocurrencies as an alternative investment class has grown. These entities invest in a wide range of cryptocurrencies, including Bitcoin, Ethereum, and different altcoins. All told, the evolution of digital asset investment management appears to be running in concert with the evolution of the assets themselves.