Confirmed: $10 Trillion Asset Manager BlackRock Takes Leap into Crypto, Files for Spot Bitcoin ETF with SEC
Investment giant BlackRock has filed for a spot bitcoin ETF, a product that is yet to get the green light from the Securities and Exchange Commission. On Thursday, the firm filed an application with the SEC to launch the...
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
On Thursday, the firm filed an application with the SEC to launch the iShares Bitcoin Trust, which is intended to allow investors to get direct exposure to the flagship cryptocurrency in a secure way. ...
Read More: Confirmed: $10 Trillion Asset Manager BlackRock Takes Leap into Crypto, Files for Spot Bitcoin ETF with SEC
Why this matters
This bitcoin story adds another data point to the current market tape and is useful when read alongside nearby source coverage.
Original source
Read on CryptonewsRelated market context
Bitcoin (BTC) Price Prediction: Glassnode Signals Potential Price Floor Near $80K as Sellers Capitulate
Similar spikes in Bitcoin’s realized losses preceded local price bottoms in August and September, raising the possibility that the...
Bitcoin ETFs Lose $82 Million As BlackRock Leads Friday’s Withdrawals
TL;DR: US spot Bitcoin ETFs recorded approximately $82.4 million in net outflows on October 16. BlackRock’s IBIT accounted for $71...
Morgan Stanley’s Amy Oldenburg: The Digital Gold Investment Case for Bitcoin
Bitcoin Magazine Morgan Stanley’s Amy Oldenburg: The Digital Gold Investment Case for Bitcoin Bitcoin’s digital gold case is “a pr...
Upbit weekly trading volume falls 15.5% to 8.35 trillion won as XRP leads activity
The decline in trading volume highlights potential liquidity challenges and shifts in trader focus, impacting market dynamics and...
Solana’s Tokenized Asset Market Grows More Than Sixfold In A Year
TL;DR: Research attributed to Castle Labs puts Solana’s real-world asset market at about $4.3 billion, versus $700 million a year...
USDC processed $36 trillion in H1 transactions, but Circle kept just 7 cents of every revenue dollar
Stablecoin issuer Circle spent 93% of its first-half revenue on distribution, operations, and investment as USDC processed more th...