Investment giant Blackrock, which manages $11 trillion in assets, joined the group with the update it made on its spot Bitcoin (BTC) ETF application.
Investment giant BlackRock, Cathie Wood’s investment firm Ark Invest And Fidelity next iShares spot Bitcoin exchange-traded fund (ETF) updated its application and submitted it to the SEC. This update is based on the U.S. Securities and Exchange Commission’s (SEC) in the past weeks ETF issuers one sent for in reply to e-mail is thought to have occurred.
Bloomberg senior analyst James Seyffartthe update in question is a sign that the SEC and BlackRock negotiations are continuing. proof aspect commented.
SEC Chairman Gary Gensler In a statement made on October 18, he announced that he will cooperate with all institutions applying for the spot Bitcoin ETF. Negotiations are actively ongoing He confirmed.
A development regarding spot Bitcoin approval has affected the cryptocurrency market. will affect positively Commentators also believe that approvals will come in droves.
Although it is difficult to predict the impact that a possible approval will have on the market, last Monday BlackRock’s An announcement confirming that the spot Bitcoin ETF application has been approved. Lie news Even Bitcoin price within minutes to raise 2 thousand dollars It was enough.
Finally, another investment giant, Fidelity, took a similar step and announced the spot Bitcoin ETF application. updated He submitted his version to the SEC.