Digital Asset Summit Day 2: Financial giants say they’re here to stay

Executives from financial giants did not only mingle with crypto native folks during day two of Blockworks’ Digital Asset Summit in London.  

They took the stage.

“They’ve always kind of been here,” Gemini Chief Operating Officer Marshall Beard said of the institutions. “It’s just in practice, what are they really doing?”

Well, the world’s largest asset manager launched a bitcoin ETF. BlackRock’s iShares Bitcoin Trust (IBIT) is the fastest-growing new ETF of all time, reaching nearly $16 billion in assets after about nine weeks on the market.  

Read more: Bitcoin ETF catalyzing broader merge of TradFi, crypto: BlackRock exec

Financial services goliath Fidelity…

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