BlackRock and Bitcoin: lets look the situation
Bitcoin BlackRock at Bitcoin: tingnan natin ang sitwasyon 58 minuto ang nakalipas Balita ng Ethereum ng Bitcoin In this article we try to summarize everything that is happening with BlackRock and Bitcoin: since the hedge fund filed with the SEC for a spot ETF of the cryptocurrency, several other institutional players have jumped into the market changing the current market scenarios. It is also worth noting how trading volumes for BTC on centralized exchanges for both spot and derivative markets have increased significantly. Buong detalye sa ibaba. BlackRock and its application to the SEC for a spot bitcoin ETF BlackRock, the worlds largest asset management firm with AUM of $8.6 trillion, filed a registration document with the US Securities and Exchange Commission on 8 June 2023 requesting the launch of a spot ETF for Bitcoin. This event opened the door to a totally different period from what we might have expected until a few days before, with the SEC ready to magdeklara ng giyera on cryptocurrencies and exchanges in the sector. In addition to causing a price rally for BTC and the rest of the cryptocurrencies, BlackRocks stance inspired a number of other hedge funds to file their own applications for an institutional financial product on Bitcoin. The likes of Fidelity,