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Bitcoin ETF: Treasury Pick to Divest

Treasury Nominee Scott Bessent to Divest Blackrock Bitcoin ETF Stake

  • Scott Bessent is the nominee for Treasury Secretary.
  • Bessent has an investment in Blackrock’s bitcoin ETF.
  • The investment is valued between $250,001 and $500,000.
  • Bessent has pledged to divest due to potential conflicts of interest.

Scott Bessent, nominated for Treasury Secretary, disclosed a personal stake valued between $250,001 and $500,000 in Blackrock’s bitcoin ETF and plans to divest to avoid conflicts of interest.

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