BlackRock Doubles Down on Crypto with 7 Key Hires in US and Asia, Boosting Bitcoin ETF Strategy

Global asset management giant BlackRock is significantly expanding its cryptocurrency division with seven new senior hires across the United States and Asia. This strategic move underscores the firm's deepening commitment to digital assets following the successful launch of its spot Bitcoin ETF (IBIT). The new executives, recruited from major financial institutions, will focus on developing BlackRock's digital asset capabilities, including crypto derivatives, trading, and portfolio management. This hiring spree signals strong institutional confidence and is expected to accelerate the integration of cryptocurrencies into traditional finance, potentially driving further adoption and market growth for Bitcoin (BTC) and other major digital currencies.