BlackRock Denies Reports of SEC Approval for iShares Bitcoin Spot ETF; Application Still Under Review
Contrary to recent media reports, BlackRock has confirmed that its application for the iShares Bitcoin Spot ETF is still under review by the U.S. Securities and Exchange Commission (SEC). The investment management company addressed the rumors, clarifying that no approval has been granted at this time, underscoring the need for accurate information in the rapidly-evolving cryptocurrency market.