Blackrock/BTC Price Speculation, Musk Wants 'Comprehensive Deregulation', Kiyosaki Not Trying to Become Warren Buffet —

As speculation continues over the possible approval of a Blackrock spot bitcoin exchange-traded fund (ETF), Elon Musk calls for “comprehensive deregulation” amid the United States Securities and Exchange Commission (SEC) regulatory turmoil, and Rich Dad Poor Dad author Robert Kiyosaki explains what similar. he is a bitcoin investor, distinguishing his investment style from that of billionaire Warren Buffet.

Bitcoin Surges as Blackrock Gets Closer to Launch of Spot Bitcoin ETF

Blackrock is moving forward with the process of bringing a bitcoin exchange-traded fund (ETF) to market. The world's largest asset manager has secured the ticker symbol and CUSIP number for its upcoming spot bitcoin ETF, which is now registered with the Depository Trust and Clearing Corporation (DTCC), the entity responsible for settling Nasdaq trades. Additionally, Blackrock's spot bitcoin ETF filing signals the company's intention to buy bitcoin to seed its upcoming ETF this month.

Blackrock Spot Bitcoin ETF Now Listed on DTCC With Ticker IBTC

Several developments have fueled optimism among crypto investors regarding the launch of Blackrock's spot bitcoin exchange-traded fund (ETF), Ishares Bitcoin Trust. This speculation has triggered a significant spike in bitcoin prices on Monday.

These developments include the allocation of a ticker symbol (IBTC) and the assignment of a CUSIP number (46438F101) to the Ishares Bitcoin Trust. Additionally, the trust is now registered with the Depository Trust and Clearing Corporation (DTCC), which is responsible for settling Nasdaq trades.

Eric Balchunas, senior ETF analyst for Bloomberg, explained on social media platform X on Monday that the steps taken by the world's largest asset manager were part of the process of bringing ETFs to market.

source : Kevin Helm