Crypto will transcend international currencies — BlackRock CEO
Source: CNBCDespite Finks pro-crypto remarks throughout the interview, he declined to comment on BlackRocks application for an area Bitcoin exchange-traded fund (ETF) in the United States, as the filing is still pending with the Securities and Exchange Commission (SEC).” We are working with our regulators because, as in any new market, if BlackRocks name is going to be on it, were going to make sure that its safe and sound and secured,” Fink added.Several applications to list a BTC ETF on the spot market have actually been turned down by the SEC in past years. BlackRocks filing has stimulated renewed hopes of imminent approval, provided the possession supervisors overwhelming success in getting ETFs authorized.
Thank you for reading this post, don't forget to subscribe!
Source: CNBCDespite Finks pro-crypto remarks throughout the interview, he decreased to comment on BlackRocks application for an area Bitcoin exchange-traded fund (ETF) in the United States, as the filing is still pending with the Securities and Exchange Commission (SEC).” We are working with our regulators due to the fact that, as in any new market, if BlackRocks name is going to be on it, were going to make sure that its safe and sound and safeguarded,” Fink added.Several applications to note a BTC ETF on the spot market have actually been declined by the SEC in past years. BlackRocks filing has stimulated restored hopes of imminent approval, offered the asset managers frustrating success in getting ETFs authorized.
Related Content
- EU backs Data Act with clause to shut off smart contracts
- Tether Treasury receives two $50M USDT lump sums from Bitfinex
- ‘Buy the rumor, sell the news’ — Bitcoin ETF may spark TradFi sell-off
- Bitcoin traders bet on $24K BTC price as market digests SEC vs. Binance
- Ether price charts reflect weakness, but inflow to LSDFi could prevent an ETH sell-off