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This is just the beginning others will follow soon!!! 🚀🚀💯📈🤑🐃🏁 BlackRock (BLK) has set up a working group to investigate ways the world’s largest asset manager can take advantage of the fast-growing cryptocurrency market despite its chief executive lambasting the bitcoin sector. The $6.3tn investment powerhouse has created a team from different parts of the business to investigate cryptocurrencies and their underlying infrastructure, blockchain, according to two people familiar with the matter. The working group, which includes New York multi-asset investment strategist Terry Simpson, will examine whether BlackRock should invest in bitcoin futures, one of the people said. Sources said the team of experts is also looking at what BlackRock’s competitors are doing with cryptocurrencies and how that could impact its business. The working group will present its findings to senior management. A BlackRock spokeswoman said the company had been “looking at blockchain technology for several years” but declined to comment on cryptocurrencies specifically. The creation of the working group marks a turnaround for the company after Larry Fink, the chief executive, said late last year that bitcoin was merely “speculative” and that the only reason it thrived was due to its anonymity. “It is an instrument people use for money laundering,” Fink said.