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The Treasury Department holds up to $500,000 in the Blackrock Bitcoin ETF and is pledging to liquidate due to disputes
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January 13, 2025
cryptocurrency

Treasury Fund Holds Up to $500K in BlackRock Bitcoin ETF, Vows to Liquidate Due to DisputesA Treasury nominee's six-figure stake in BlackRock's Bitcoin exchange-traded fund exposes cryptocurrencies' grip on elite wallets, raising risks for future US economic policy decisions. Blackrock Bitcoin ETF in the spotlight as Bessent's financial ties are exposed Scott Bessent, President-elect Donald Trump's nominee for Treasury Secretary, revealed a personal investment of between $250,001 and $500,000 in Blackrock's Bitcoin (...)

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