.BlackRock has upped the ante in the Bitcoin ETF race
its application for a spot Bitcoin exchange-traded fund , as per the recent Nasdaq update.
The financial giant has joined its rivals Fidelity, WisdomTree, VanEck, and Invesco/Galaxy who have also refiled their Bitcoin ETF applications with the inclusion of Coinbase as the exchange. The amendment by BlackRock was submitted on June 29, although Nasdaq only published the information recently.Balchunas added an interesting technical point in his tweet thread, indicating that it was Nasdaq, not BlackRock, that updated the filing. However, the ETF belongs to BlackRock at the end of the day. The analyst's tweet also pointed out that BlackRock's resubmission details an actual agreement with Coinbase, which came into effect on June 16.
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