The US Securities and Trade Fee (SEC) accepted BlackRock’s utility for placement (BTC) exchange-traded fund (ETF) after Bitwise accepted an identical submitting a day earlier.
SEC recognition signifies the beginning of the formal BlackRock ETF providing assessment course of. Whereas this is step one in an extended regulatory journey, it reveals the SEC’s willingness to discover the concept of a home Bitcoin ETF and assess its potential affect in the marketplace.
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