BlackRock's iShares Bitcoin ETF Inches Closer to SEC Approval

Investment powerhouse BlackRock is making strides in its quest to introduce an iShares spot Bitcoin exchange-traded fund (ETF). Recent developments indicate the firms proposal might be inching closer to getting a nod from the United States Securities and Exchange Commission. On October 23, through an X platform thread, Eric Balchunas, a renowned ETF analyst with Bloomberg, shed light on the matter. He pointed out that the ETF, earmarked with the ticker symbol IBTC, has been listed on the Depository Trust Clearing Corporation (DTCC). This step is typically seen as one of the vital...


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