BlackRock's Bitcoin ETF Filing and Its Impact on Ethereum and BTC
TL;DR
BlackRock has filed an application for a spot bitcoin exchange-traded fund, which has received mixed reactions from the crypto community. Meanwhile, JPMorgan notes that new developments in an SEC legal case may give ethereum a boost, as the regulator battles Ripple Labs over whether the XRP token is a security or not. The release of internal SEC discussion called the ‘Hinman documents’ may intensify the race among major cryptocurrencies to become more decentralised and look even more like ethereum in order to avoid being designated as securities.
- As BlackRock files for daily bitcoin product, here's how another SEC debate may shape ethereum MarketWatch
- BlackRock files for spot bitcoin ETF, with Coinbase as a crypto custodian CNBC
- BlackRock reportedly close to filing Bitcoin ETF application CNBC Television
- BlackRock Close to Filing for Bitcoin ETF Application: Source CoinDesk
- BlackRock’s Bitcoin ETF ‘is the best thing to happen’ to BTC, or is it? Cointelegraph
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