Thank BlackRock’s Clients For Larry Fink’s Change Of Heart
BlackRock's CEO once called Bitcoin an “index of money laundering.” Now he’s changed his tune. Source
Read MoreBlackRock's CEO once called Bitcoin an “index of money laundering.” Now he’s changed his tune. Source
Read MoreNasdaq has refiled BlackRock’s application for a Spot Bitcoin exchange-traded fund (ETF). The ETF application was previously rejected by the SEC for not providing sufficient details about the crypto product. The Chicago Board Options Exchange also refiled Fidelity’s rejected Bitcoin ETF application earlier today. BlackRock’s latest application stated that Coinbase would provide market
Read MoreThere is no doubt that BlackRock’s spot Bitcoin exchange-traded fund (ETF) application — and the flood of contenders that followed — has buoyed the bulls. It could signal the winds of change in the regulatory sphere, they say. It could bring Bitcoin exposure to the masses, they holler. While there might
Read MoreTraditional financial firms finally believe that digital assets are here to stay. Or so one might conclude from the slew of announcements last week from some of the world’s premiere financial players.Among them is BlackRock — the world’s largest asset manager with $9 trillion in assets under management (AUM) —
Read MorePresented with this open-source unstoppable, uncensorable protocol, innovators are going to do what they always do: innovate. So, inevitably, there will be workarounds to all of this. New ways to engage with all those other Bitcoin use cases without being ensnared in a Washington/Wall Street regulatory bind will emerge. Original Source
Read MoreAt least two investment firms have made new filings for spot Bitcoin exchange-traded funds (ETF) following investment colossus BlackRock’s move to lodge a similar application for its own spot Bitcoin ETF on June 15. New York-based asset management fund WisdomTree is the most recent investment firm to lodge a new filing
Read MoreTop Stories This Week US lawmakers file ‘SEC Stabilization Act’ to fire Gary Gensler United States Representative Warren Davidson has introduced the “SEC Stabilization Act” into the House of Representatives. One of the bill’s main provisions is to fire Securities
Read MoreExchange Traded Fund (ETF) terminology can sometimes be tricky, and fund management giant BlackRock’s application for a spot Bitcoin ETF has raised some questions. Original Source
Read MoreFirst, exchanges should be a bit fearful. If new investors want price exposure to bitcoin and don’t care about the aspect of it that makes it cool (like using it), then those investors will look to pay as little as possible for that bitcoin. Why would an investor pay a
Read MoreMany crypto observers keenly awaited how GBTC’s discount would react to the news about BlackRock, the world’s largest ETF issuer and a mainstay in the traditional finance world, attempting to register a spot BTC ETF with the U.S. Securities and Exchange Commission (SEC). Multiple investment managers, including WisdomTree, VanEck, Ark
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