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Bitcoin-Friendly World’s Top Fund Manager BlackRock Secures Regulatory Approval to Provide Services in India

  • BlackRock, the world’s leading asset manager, has received regulatory approval to launch mutual fund services in India.
  • The approval follows a joint venture between BlackRock and Jio Financial, marking BlackRock's re-entry into the Indian market.
  • The partnership aims to disrupt the Indian mutual fund space with digital-first investment products.
  • There is no indication that Jio BlackRock will offer cryptocurrency products such as Bitcoin spot ETFs at the moment.

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