BlackRock's iShares Bitcoin Trust has emerged as the world's largest fund for the main cryptocurrency, with roughly $20 billion in total assets since its January US launch, Bloomberg News reported on Wednesday.

BlackRock's iShares Bitcoin Trust becomes the world's largest cryptocurrency fund

According to the reports, BlackRock Inc, the world's largest asset manager, is cutting some staff after growing in recent years, with 500 jobs impacted. Watch to know more.

BlackRock plans to lay off 500 workers worldwide

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BlackRock's iShares Bitcoin Trust becomes the world's largest cryptocurrency fund

BlackRock plans to lay off 500 workers worldwide