Blackrock files for bitcoin ETF with SEC

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Blackrock files for bitcoin ETF with SEC
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With digital assets entangled in regulation scrutiny, Blackrock filed with the SEC for a bitcoin exchange-traded fund (ETF) to expose more investors to cryptocurrency.

Galaxy Digital Holdings CEO Michael Novogratz discusses SEC Chair Gary Gensler's war against crypto on 'The Claman Countdown.'

With digital assets entangled in regulation scrutiny, BlackRock filed for a bitcoin exchange-traded fund on Thursday to expose more investors toAccording to a filing with the Securities and Exchange Commission and despite the U.S. regulator not approving any applications for spot bitcoin ETFs to date, BlackRock's iShares Bitcoin Trust will use Coinbase Custody as its custodian.

Larry Fink, chairman and CEO of BlackRock, speaks at an event on the sidelines of the opening day of the World Economic Forum in Davos, Switzerland, on Jan. 17, 2023. The firm, run by CEO Larry Fink, is one of the world's largest asset managers with about $9 trillion in assets under management.

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