of Coindesk world’s largest wealth manager BlackRock, Bitcoin ETFPreparing to apply for
Sources told Coindesk that BlackRock is about to apply for a Bitcoin ETF and will use Coinbase Custody for BlackRock’s Bitcoin ETF and Coinbase’s spot market data for pricing.
While it remains unclear whether the Bitcoin ETF that Blackrock will apply for will be spot or futures, neither BlackRock nor Coinbase has made a statement.
As BlackRock prepares to file for a Bitcoin ETF, the SEC has had several BTC It should be noted that although it has approved its futures ETF, it has not accepted any spot bitcoin ETF applications.
As it will be remembered, BlackRock was established in mid-2022 to provide direct crypto services to institutional investors. coinbase He started working with
Blackrock manages nearly $10 trillion in assets and is among the largest asset management companies in the world.
*Not investment advice.
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