Blackrock's aggressive fee reduction in the competitive ETF market sets a benchmark, but uncertainties surrounding SEC approval pose challenges. As the industry strives for lower fees, the outcome of the SEC's investigation will play a pivotal role in shaping the future landscape of spot Bitcoin ETFs.
Cheng YuanBlackRock reportedly plans to acquire $10 million worth of BTC as initial funding for its potential spot Bitcoin ETF.
JinseFinanceBlackRock and Bitwise have submitted revised spot Bitcoin ETF applications to the SEC, signaling ongoing discussions. BlackRock's updated filing includes language on monitoring price movements and anti-money laundering compliance. Bitcoin's recent surge adds to speculation about potential SEC approval, with the cryptocurrency currently trading near $42,000.
SanyaApproval of BlackRock's Bitcoin ETF could reshape crypto, attracting institutional capital while introducing risks like regulatory hurdles and market volatility. A pivotal moment awaits in 2024.
SanyaBlackRock, the world's largest asset manager, appoints Dennis Quah as Singapore Wealth head to strengthen its presence in Asia.
BeincryptoFink likened crypto to “digitizing gold” and outlined bitcoin as an “international asset” that could serve as a hedge against inflation.
cryptopotatoCould the world’s largest asset manager be the first firm to launch a Bitcoin spot ETF in the United States?
cryptopotatoMeta, Apple and Nvidia are top holdings for the exchange-traded fund.
OthersGrayscale CEO Michael Sonnenshein said that the company may use a tender offer to return capital to GBTC shareholders.
BeincryptoThe world’s largest asset manager has launched a blockchain ETF, providing clients with greater exposure to crypto and blockchain-related companies.
Cointelegraph