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BlackRock's Potential Involvement Sends Bitcoin Soaring.

1 min read
Source: Yahoo Finance
TL;DR

Bitcoin has surged over 20% since BlackRock filed for a US spot Bitcoin ETF, leading to a rush of similar applications from rival issuers and speculation that the asset manager has key insights that will lead to approval of its application. BlackRock's filing is being taken as a sign that the SEC might finally give the green light to a physically-backed Bitcoin ETF, a structure the regulator has repeatedly rejected. The rush of applications comes in the wake of BlackRock's bid to launch the iShares Bitcoin Trust, which landed with US regulators last week.

Topics:businesscryptocurrency#bitcoin#blackrock#cryptocurrency#etf#invesco#sec
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  1. Bitcoin Jumps on Speculation BlackRock ‘May Know Something’  Yahoo Finance
  2. Bitcoin Gets Boost From BlackRock ETF Filing  Bloomberg Television
  3. Bitcoin Bonanza on Tap if BlackRock ETF Is Approved  The Wall Street Journal
  4. A Straightforward Explanation for Why Financial Giants Want to Issue a Spot Bitcoin ETF  CoinDesk
  5. WisdomTree Joins Race For Bitcoin ETF Approval, Targets Cboe BZX Exchange - BlackRock (NYSE:BLK)  Benzinga

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