BlackRock Nears SEC Approval for Bitcoin ETF, BlockFi Resurfaces Amidst Crypto Turbulence

BlackRock, a prominent investment firm, has taken a significant step towards introducing a Bitcoin ETF (Exchange-Traded Fund) by securing a listing on the Depository Trust Clearing Corporation (DTCC). Such a move typically suggests an imminent nod from the United States Securities and Exchange Commission (SEC). On October 23, Eric Balchunas, an analyst specializing in ETFs at Bloomberg, shared his insights on the matter. He indicated that BlackRocks ETF is the first in DTCCs crypto-focused listings. Balchunas further discussed that BlackRock might have received the green light from the...


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