Plan implemented! The world's largest asset management company BlackRock has launched Bitcoin futures trading

Investment giant BlackRock has indeed "started to get involved" in the Bitcoin market.

The asset manager held $360,457 in CME bitcoin futures contracts earlier this year, according to the SEC’s monthly securities investment report for the NPORT-P model published on Wednesday.

As BitPush previously reported, BlackRock approved two of its funds to trade Bitcoin futures in January. In a report released on January 31, these assets accounted for only 0.0014% of BlackRock's massive Global Allocation Fund.

BlackRock is the world's largest asset management company, managing $7.81 trillion in assets.

According to the prospectus documents submitted to the SEC on January 20, BlackRock Global Allocation Fund Inc. and BlackRock Funds V are "paying attention" to Bitcoin. Both of their derivative product lists include Bitcoin. Prior to this, the investment giant had never mentioned "Bitcoin" in any regulatory documents.

It was not immediately clear whether BlackRock still holds any futures contracts. An initial batch of contracts appears to have expired on March 26.