BlackRock seeks approval for US' first spot Bitcoin ETF with Coinbase as custodian.
TL;DR Summary
BlackRock, the world's largest asset manager, is reportedly exploring the possibility of investing in bitcoin futures and pushing for a bitcoin exchange-traded fund (ETF). The move comes as more institutional investors are showing interest in cryptocurrency as an investment. BlackRock's potential entry into the market could further legitimize bitcoin and other cryptocurrencies as a viable investment option.
- BlackRock delves deeper into crypto with push for bitcoin ETF Financial Times
- BlackRock files for spot bitcoin ETF, with Coinbase as a crypto custodian CNBC
- BlackRock Close to Filing for Bitcoin ETF Application: Source CoinDesk
- BlackRock reportedly close to filing Bitcoin ETF application CNBC Television
- BlackRock applies for spot Bitcoin ETF — a US first if approved Cointelegraph
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