Price analysis 8/20: BTC, ETH, ADA, BNB, XRP, DOGE, DOT, SOL, UNI, BCH
Wells Fargo (NYSE:), in partnership with NYDIG and alternative assets manager FS Investments, has registered a new investment fund dubbed “FS NYDIG BITCOIN FUND I,” which will offer the bank’s wealthy clients an opportunity to gain indirect exposure to (BTC).
In another sign of growing institutional interest, filings submitted to the U.S. Securities and Exchange Commission by BlackRock (NYSE:) show a 6.71% stake in Marathon Digital Holdings and a 6.61% stake in Riot Blockchain (NASDAQ:). BlackRock’s total investments in both the publicly traded Bitcoin mining firms are roughly valued at $384 million.
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