BlackRock's Bitcoin ETF Filing Garners Praise and Anticipation from Financial Giants.
TL;DR Summary
Former Barclays CEO Bob Diamond praises BlackRock's recent forays into crypto and is not surprised by their filing for a Bitcoin Spot ETF with the SEC. Diamond previously worked with BlackRock to invest in Circle, issuer of the world's largest stablecoin, USDC. He believes clearer rules and enforcement actions are necessary for crypto to reach its full potential. BlackRock's success rate in getting products past the SEC has many optimistic about the filing.
- Ex- Barclays CEO Praises BlackRock Bitcoin ETF Filing Decrypt
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- A Straightforward Explanation for Why Financial Giants Want to Issue a Spot Bitcoin ETF CoinDesk
- Only two things matter today: Bitcoin and Gold and here are the fundamentals FXStreet
- Crypto Adoption Alert: BlackRock is Applying for a Bitcoin (BTC) ETF TipRanks
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