BlackRock Adds Moonpay’s Lindsey Haswell To Its Board Amid Slowing Inflows

• BlackRock has appointed Lindsey Haswell, Moonpay’s CLO to its board.
• Haswell will replace Kimun Lee after the latter steps down in November this year.
• Haswell’s appointment comes amid slowing inflows for IBIT.

BlackRock, a spot Bitcoin ETF market top contender, has appointed Lindsey Haswell, Moonpay’s Chief Legal Officer (CLO), to its board. According to the announcement, Haswell will replace current board member Kimun Lee after the latter steps down in November 2024.

Haswell held a similar role at Blockchain.com when she served as a board member of the establishment. She was also a founding member of the Core Blockchain, a famous open-source network. Hence, BlackRock anticipates she would bring her expertise to support IBIT’s growth.

Meanwhile, experts think Haswell’s appointment to the BlackRock board is timely, considering the firm’s current development stage. BlackRock’s IBIT is currently the second-largest spot Bitcoin ETF by assets under management (AUM). However, the product has slowed after a 71-day streak of steady inflows. Available data shows IBIT recorded zero inflows in the past three days.

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