BlackRock’s embrace of bitcoin was gradual. During the pandemic, Rick Rieder, the firm’s chief investment officer of global fixed income, started dabbling in bitcoin futures in his funds.

Rick Rieder, Managing Director, is BlackRock's Chief Investment Officer and Co-Head of Global Fixed Income platform, a member of BlackRock's Global Operating Committee and Chairman of the ...

Bitcoin tumbled from $92,000 all the way to ... Not everyone agrees. BlackRock’s Rick Rieder still expects a 25-basis-point cut in December but says the pace of future cuts is up in the air.

A case in point: In November 2020, Rick Rieder, BlackRock's chief investment officer of global fixed income, said Bitcoin had the potential to "take the place of gold to a large extent." ...

Rick Rieder, CIO of global fixed income at BlackRock, believes the more hawkish dot plot suggests that the Fed has "entered a new phase of the rate cutting cycle." "We have often argued that the ...