đąđą Breaking News
đžBlackRock's Bitcoin ETF is on the horizon!
Another move has been made by the giant asset manager BlackRock as it prepares to apply for a Bitcoin ETF. According to information obtained from a source closely following the matter, BlackRock is considering using Coinbase Custody for its Bitcoin exchange-traded fund. According to the statements, BlackRock plans to utilize spot market data through Coinbase Custody to determine the price of its Bitcoin ETF.
The U.S. Securities and Exchange Commission (SEC) has rejected all Bitcoin ETF applications submitted in the country so far. While the SEC has only approved a few Bitcoin futures-based ETFs for trading, it remains to be seen how the regulatory body will react to BlackRock's new application.
