Anti-Cryptocurrency JPMorgan Included in BlakcRock’s Bitcoin ETF Update!

BlackRock has once again updated its application to the US Securities and Exchange Commission (SEC) for its spot Bitcoin ETF.

BlackRock, the world’s largest asset manager iShares Bitcoin Trust (IBIT) He re-submitted an updated version of his spot Bitcoin ETF application to the SEC.

The giant company, which took action on December 30, the last update date regarding Spot Bitcoin ETF applications, made an updated application. Jane Street And JPMorgan He called them “authorized participants.”

About subject in the statement Bloomberg analyst Eric BalchunasJane Street was an expected participant, but JPMorgan’s inclusion in the filing a bit ironic He stated that it was.

JPMorgan CEO Jamie Dimon He has come to the fore with his anti-cryptocurrency rhetoric over the years, and his cold attitude towards the sector has never changed. While Balchunas stated that this step taken at the end of the day was positive, he emphasized that the spot Bitcoin ETF approval is one step closer.

The majority of applicantsi On 29-30 December forwarded the final version of the updated files to the regulatory body. SEC’s January bear It is expected to approve the ETFs in question. Once approved, ETFs will begin trading on the market within a few days or weeks.


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