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.