BlackRock to File for Bitcoin ETF in the United States

2023-6-16 17:47

In an unprecedented move, BlackRock, the world’s preeminent asset manager, is nearing the submission of a groundbreaking Bitcoin exchange-traded fund (ETF) application in the United States.

According to inside sources, BlackRock will collaborate with Coinbase, the prominent cryptocurrency exchange, using its Custody for the ETF and employing the exchange’s spot market data for pricing.

BlackRock to File for United States’ First Bitcoin ETF

The introduction of a Bitcoin ETF from BlackRock signals a momentous leap in the cryptocurrency’s institutional acceptance. This high-stakes endeavor could potentially recalibrate the financial landscape. It aims to offer investors the prospect of unprecedented access to the volatile yet promising cryptocurrency market.

BlackRock’s collaborative efforts with Coinbase materialized last year, spearheading a comprehensive initiative to make cryptocurrencies directly accessible to institutional investors. BlackRock ventures into a realm fraught with regulatory uncertainties in this ambitious enterprise. The US Securities and Exchange Commission (SEC) has previously rejected every application for a spot Bitcoin ETF.

While the nature of the ETF — spot or futures — remains uncertain, the BlackRock initiative underscores a clear commitment to integrating crypto into mainstream financial systems. The SEC has previously approved several Bitcoin futures ETFs for trading, laying a potential path for BlackRock’s endeavor.

BlackRock’s venture into Bitcoin ETFs is a testament to the growing popularity of cryptocurrencies. It is a signal of the shifting sands of finance and investment. Consequently, setting a precedent could redefine the dynamics of the financial world.

The boundaries between traditional finance and digital currencies are redrawn as the world watches, redefining our understanding of the global investment landscape.

This is a developing story…

The post BlackRock to File for Bitcoin ETF in the United States appeared first on BeInCrypto.

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etf blackrock → Результатов: 67


Should exchanges fear a Blackrock ETF?

Key Takeaways Blackrock is the biggest asset manager in the world and has filed for a spot Bitcoin ETF No guarantee it will be approved, and the SEC has rejected every spot ETF application to date Exchanges have been struggling mightily, with layoffs flooding the industry and lawsuits on the rise amid regulatory crackdown An […] The post Should exchanges fear a Blackrock ETF? appeared first on CoinJournal.

2023-6-20 13:52


Фото:

BlackRock подает заявку на спотовый ETF на биткоин

Крупнейшая компания по размеру активов под управлением BlackRock продолжает развивать свои криптовалютные предложения. Фирма подала заявку в SEC на запуск спотового ETF на биткоин.

2023-6-16 09:58


BlackRock Edges Closer To Bitcoin ETF Filing: Bullish Impact On BTC’s Price?

Per a Coindesk report, BlackRock, the world’s largest asset manager, is reportedly getting closer to filing an application for a Bitcoin (BTC) Exchange-Traded Fund (ETF) in the United States.  According to an anonymous source familiar with the matter, the company will use Coinbase (COIN) Custody for the ETF and the cryptocurrency exchange’s spot market data […]

2023-6-15 17:10


Глава криптостартапа: ETF появятся когда индустрия станет легальной

CEO BlackRock — компании, предоставляющей услуги инвестиционного менеджмента, заявил, что для запуска ETF на криптовалюту сегменту необходимо получить статус «законного». В частности, Ларри Финк «не видит такого продукта в листинге своей корпорации», — сообщает CNBC.

2018-11-3 21:23


BlackRock To Play Waiting Game Until Crypto Market ‘Legitimatizes’ Itself Before Bitcoin ETF Entrance

You may have heard of BlackRock. The company is basically the largest asset management firm in the world with approximately $6.4 trillion USD in assets, so while it is not so influential in the crypto space as the company does not offer any crypto product, it is a very important player in the market. The […]

2018-11-2 10:33


Фото:

CEO Blackrock: Криптовалютам не хватает легитимности, а биткоин-ETF подождут

Обсуждая затянувшееся принятие решения по биткоин-ETF, глава BlackRock Ларри Финк заявил, что не стал бы внедрять их из-за текущего состояния криптовалютных рынков. Blackrock — это компания, под управлением которой находится более $6,3 трлн. клиентских активов. В интервью CNBC на конференции...

2018-11-2 10:29


Фото:

В BlackRock рассказали, когда запустят биткоин- ETF

Крупнейшая в мире инвестиционная компания BlackRock не будет предлагать своим клиентам торгуемый на бирже криптовалютный фонд (ETF), пока индустрия не станет более легитимной. Об этом заявил CEO компании Ларри Финк на New York Times Dealbook Conference.

2018-11-2 09:20


Blackrock CEO: Crypto Still Lacking Legitimacy, Bitcoin ETF Will Have To Wait

Blackrock CEO Larry Fink Still Skeptical On Crypto, Bitcoin ETF While discussion regarding Bitcoin-backed exchange-traded funds (ETFs) have begun to slow, the chief executive of BlackRock, a multinational America-based financial institution, recently claimed that he is hesitant to allow his firm to offer a Bitcoin ETF due to the current state of cryptocurrency markets.

2018-11-2 08:03


BlackRock воздержится от запуска биткоин-ETF до «легитимизации» индустрии

Крупнейшая в мире инвестиционная компания BlackRock не будет предлагать своим клиентам торгуемый на бирже криптовалютный фонд (ETF), пока не увидит, что индустрия достаточно созрела. Такое заявление в четверг, 1 ноября, сделал CEO компании Ларри Финк на New York Times Dealbook Conference, пишет CNBC.

2018-11-2 22:48


СМИ: Coinbase может создать собственный криптовалютный ETF

Криптовалютная биржа Coinbase и представители рабочей группы по технологии блокчейн в компании BlackRock, которую называют пионером рынка ETF, вступили в переговоры об открытии биржевых индексных фондов на основе криптовалют (ETF) и провели как минимум одну встречу по данному поводу в течение последних недель.

2018-9-7 22:19


Bitcoin [BTC] ETF to passed by the end of the 2018 is “very unlikely”, says ex-ETF builder

During an interview with CNBC Crypto Trader, Mark Brady, an ex-ETF builder of Blackrock, stated that the cryptocurrency community would probably not see a Bitcoin [BTC] ETF by the end of this year. Brady also said that from the standpoint of mass retail acceptance, an ETF is very important to the cryptocurrency ecosystem. This is because […]

2018-8-4 11:45


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