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BlackRock expects a new wave of inflows from a different type of investor.

Robert Michnik, head of digital assets for the world's largest asset management company,

said that sovereign wealth funds, pension funds, and endowments could start to trade and spot ETFs.

He added that the firm is seeing a reinitiation of the discussions around Bitcoin and how to think about it from a portfolio construction perspective.

Mitch Nick says BlackRock is playing a role from an education perspective while the firms are doing ongoing diligence and research.

BlackRock's Ibit had its first ever day of outflows with $36.9 million exiting the fund on Wednesday.

Binance Nigeria's money laundering trial has been delayed to May 17th, according to a spokesperson

for the family of detained executive Tigran Gambarian.

The trial was expected to occur today but was pushed back.

Reuters reported that Binance's lawyer complained in court that he had not

been served with the additional proof of evidence that he needed to prepare the case. He was then

served in court and the judge allowed him more time to scrutinize the evidence, which is reportedly

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