BlackRock on Thursday filed for a bitcoin exchange-traded fund (ETF) that would allow investors to get exposure to the cryptocurrency, betting on the asset class that has come under pressure from regulatory action in recent months.
A specialist trader works at the post where BlackRock is traded on the floor of the New York Stock Exchange in New York City, U.S., July 21, 2022. REUTERS/Brendan McDermidon Thursday filed for a bitcoin exchange-traded fund that would allow investors to get exposure to the cryptocurrency, betting on the asset class that has come under pressure from regulatory action in recent months.
The asset management giant's iShares Bitcoin Trust will use Coinbase Custody as its custodian, according to a filing with the U.S. Securities and Exchange Commission.regulator on alleged violations of securities laws.that reverberated through the digital assets industry.Plans for BlackRock's ETF were reported by CoinDesk earlier in the day.Our Standards:
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